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To: Gary Burton who wrote (45890)	6/4/1999 9:21:00 AM
From: Think4Yourself	Respond to of 95453

It was pretty clear from listening to Mr. Kudlow that he has no knowledge of this sector, yet is trying to look at "the big picture". He makes Charles Maxwell look downright clever (Maxwell said several months ago that oil should not go above $15, and if it did he would be shorting the futures). Need to add Mr Kudlow's name to my list of people whose advice about everything should be ignored. His prediction: OPEC cuts won't stick, oil will go back to $13, and we are already on the way. Today oil is about $16.70

To: Gary Burton who wrote (45890)	6/4/1999 9:24:00 AM
From: marc chatman	Read Replies (2) \| Respond to of 95453

I got a kick out of Kudlow today. On the one hand he's saying that this rally is a temporary blip in oil because the OPEC cuts won't stick; on the other, he is whining about Justice not being willing to take on OPEC in an anti-trust action. And he feels there is a legal hook into OPEC through Chevron. I don't follow the guy, but I hope his predictive abilities are as great as his knowledge of the law. <g>