Jimbo's Playhouse/CPQ Message Board

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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Mao II who wrote (4085)	9/7/1999 11:00:00 PM
From: Night Writer	Read Replies (2) of 12663

Simple minded look at some oil companies. My notes aren't too good. Started using longer periods due to highs being in the last 100 weeks. Also still think new drilling technology is reaching more oil faster and pumping it cheaper. OPEC will have problems getting together any real slow down at the well head. Asian economies may be picking up, but I don't think they are increasing oil consumption that fast. I will pick up some COC.A in low 20s if the opportunity happens when I have some spare powder. But I don't feel comfortable with oil in general. (You can't live without it, but there seems to be a lot of it.) Could be the commodity nature of the business is bothering me after chasing hitech babies. NW AHC close to 100 week high at 63 5/8 ARC 9 points off 100 week high at 88 CHV 9 points off 100 week and month high at 93 XON 7 points off 100 month high KMG 10 points off 100 month high MOB 9 points off 100 month high TX several points off 100 month high SLB 22 1/2 off 100 week high HAL 11 points off 100 week high COC.a 4 points off the all time high - new kid on the block.

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