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To: al who wrote (19369)2/28/1999 8:26:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
>>> can oils go even lower than this ?

sure
hell, gas was 86 cents this weekend, 10 bucks to fill the car

but, will they

that is the question

HMAR is trading at about half book value

but the issue is debt service; the cost to carry mothballed ships; and the duration of this slump

everyone has been asking for a year now if "this" is the bottom

and the answer, in hindsight has been "not yet"

pick any oil stock; no difference

Al, I have no idea how, if, or when to try any of these