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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Think4Yourself who wrote (61229)3/2/2000 9:55:00 AM
From: The Ox  Read Replies (3) of 95453
 
I agree. My friend just told me that an analyst from his broker was saying that APC would be a better buy if oil prices were LOWER. Said that the higher price of oil would make it more difficult for them to drill new wells/fields. I couldn't believe this comment and quickly set my friend straight.

I know that most people just don't have a clue about the industry but this was coming from an oil industry "analyst".

Sheesh!
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