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To: SliderOnTheBlack who wrote (40183)3/17/1999 10:33:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
The CNBC article was CLEARLY written yesterday. They could have saved face by talking about the API numbers.

Pisani JUST now saved their face a bit with a good discussion of what's going on now.



To: SliderOnTheBlack who wrote (40183)3/17/1999 10:37:00 AM
From: The Ox  Read Replies (1) | Respond to of 95453
 
I don't think we should dismiss the concerns regarding FLC's debt. At the same time, if you believe that oil will base or move higher, then the worries should subside. I own FLC stock and the debt's disturbing but I believe we will trend toward $16 oil by the end of the year. If my expectations come true, then FLC's debt load won't drag the company down. If, in 5 months we get finger pointing and bickering from OPEC with lack of compliance for the announced cuts, that debt could loom large.



To: SliderOnTheBlack who wrote (40183)3/17/1999 11:18:00 AM
From: Nello Filippone  Read Replies (1) | Respond to of 95453
 
>>Anyone see Frick & Frack of Dow Jones on CNBC ?<<

Slider,

These are the same guys who are growing sea-horses!! Can anyone with a degree in the liberal arts spout about the future of the oil patch on a national financial network?

It's amazing that at the time of their segment the OSX was up close to 4.5%, which they failed to mention. It's a sad day when Pisani has to clear things up.

I'm going to get my popcorn ready for Sheryl Struess-Einhorn(sp?)(Barrons Commodities) at 1:50 .... She's been negative on crude oil prices since $10.50 and she still hasn't flinched.

Nello