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Gold/Mining/Energy : Pride Petroleum Services (PDE) -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (417)	5/5/1999 8:15:00 PM
From: LT	Read Replies (1) \| Respond to of 454

Oil sector regulars indicate an announcement is imminent from OPEC, Next week possibly, showing they have reduced production as they claimed they would. This should create a $20.00 + per barrel price in 2-3 weeks. If that's the case oils will take a bump up in anticipation and afterwards. Good time to hold tight and don't let PDE earnings bother you right now, they will take a back seat if the per barrel price rises and OPEC proves it is sticking to it's guns.... LT