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To: Jenna who wrote (27110)3/12/1999 9:52:00 AM
From: nokomis  Respond to of 120523
 
Jenna and thread: Re CELL - is this oversold after yesterday's 54% drop? Looks like's it's rebounding today and wonder what others think as a short term (day) trade?

Thanks
NOK



To: Jenna who wrote (27110)3/12/1999 9:55:00 AM
From: cog  Read Replies (1) | Respond to of 120523
 
VRIO...stopped out....your opinion on Monday morning? Thank you



To: Jenna who wrote (27110)3/12/1999 9:56:00 AM
From: Tarheel  Read Replies (1) | Respond to of 120523
 
DCLK wow! Unfortunately I'm not in. Good entry point for VRIO?



To: Jenna who wrote (27110)3/13/1999 7:03:00 PM
From: kha vu  Read Replies (1) | Respond to of 120523
 
vts..bjs...

Last week I mentioned that The British Weekly Economist had a special featured article: Drowning in OIL...It is a study in depth for the impact of oil price on world economy and the future of oil price.
It mentioned that it costs ONLY US $2. to produce a barrel of crude
oil in Saudie Arabia...and this kingdom can sustain on the $5 US/ barrel...
However, there are two new factors happen recently this week: the OPEC countries will have their Vienna conference on March 23, Iran
was reported to listen to the demand of Saudie Arabia, and in USA, on the West coast the stockpiles running below normal. This in turn will
pull up the wholesale price of gasoline to 55-60 cents/per gallon in
CA. With the demand gradually increase and at peak nationally in August the crude oil will be in the low teen to mid teens range....

But that does not mean a good sign for all companies in the energy
sector. I would check out in WSJ the leader and laggard of each type
of industry in this sector such as: equipments, services, drilling and
exploration, equipment leasing and renting, refineries.... The C-section of WSJ always has a report on this leader and laggard...You can also find it in IBD or if you really want to know more about OIL/ENERGY then check out the McGrawHill PlatOilGram newsletter on the daily oil price, oil supply and demand, and even the movement of each oil tanker by day and by hour from supply country to the country
of destination...

In general, IMO exploration and leasing equipments will be the last to recover...I lost a lot on PKD, NOB, rowan...So be careful with this
sector...