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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (12929)5/26/2002 3:03:57 PM
From: nspolar   of 36161
 
Slider, don't know if you received any replies on WMB.

I don't have any, have been following them of recent however. I know the company somewhat, and have always felt they were well managed. Back in the heyday when other oil companies were trying to hit the homerun, they quietly went around and bought up cheap assets, that make up the infrastructure of the biz. It should pay off, and WMB as you know has been hammered down from the WCG debacle.

I also follow WCGRQ.OB, but own no shares here either, and never did. Unfortunately WMB management was not good enough to foresee the glass fiber boom and bust, and avoid it. But I think there will be some survivors, picking em might be fun. I don't feel I know enough about the current state of affairs in the fiber biz to even think about buying any of the left overs, nor do I think it time.

biz.yahoo.com

An interesting article about the Internet future.

scandoil.no

(Go to the lower right hand column of the first page, find the 'No Free Lunch' title, go to bottom and click on (more))
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