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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (40564)	3/22/1999 9:09:00 AM
From: SargeK	Respond to of 95453

Peter Anderson Chief Investment Officer for American Express was just interviewed by Mark Haines on CNBC. Mr Anderson sees inflation and interest rates headed up this year driven by increases in commodities and wage pressures. He sees the indexes finishing the year lower than they are right now. Asked if there was anything he liked, Mr. Anderson said Oil and Oil related issues. Asked: "Why?", Mr. Anderson said growing world wide 'DEMAND' especially in Asia which is recovering and the reductions in 'SUPPLY'. In addition to Mr Andersons astute analysis, Wall Street is also starting to take notice of the Oil Patch according to Haines. Hey guys, does any of this sound familiar? >grin< K