Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SargeK who wrote (56327)	12/7/1999 3:48:00 PM
From: SliderOnTheBlack	Read Replies (3) of 95453

SargeK - I agree and I see the value, but it only matters what the street thinks - not what is right, or logical any longer... ie: $25+ crude - historically outstanding prices presently for Nat Gas and we are blowing off like a tumbleweed in a Texas Twister... ? I have to admit, the OSX is oversold, but not many stocks seeing ridiculous valuations given their actual bottomlines here; however in the E&P's - we've lost reality. Literally seeing the lowest multiples of the last few years while simultaneously seeing the highest commodity prices ?~?~? NASDQ is insanity... these IPO mindgame stocks are literally created to trade stock - not to ever be an ongoing concern... insanity is here. I may close out all my long positions and just leverage these NASDQ pretenders short and just wait for it to pop...

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