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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (21763)11/5/2000 6:02:15 PM
From: Sergio H  Read Replies (1) of 29382
 
Hola and welcome Tuvalu. Thanks for popping in. It's good to hear from you. Wouldn't mind your return to active posting on this thread.

IOM popped last week on rumours that WDC is a suitor. IOM, WDC and RDRT are all considered speculative because they are each trying to establish a foothold in markets where they lack experience and are introducing new products. It's early in the game and so far they haven't stumbled. I can't see why all three won't be higher prior to fourth quarter earnings round. We can re-examine the situation then.

Nearly everyone on this thread played CHK earlier this year and enjoyed the run-up in natural gas prices. Natural gas appears to have completed profit taking from the run-up and
poised for another run. I like the CHK chart very much. If there isn't a rally in natural gas, CHK is likely to trade in between 5 and 7. Ken W.'s type of action. Right Ken?

There's a few quiet plays in natural gas that I like; ECA, GRL and NMC. Also, looking at the drillers, OEI has been supported by very positive large block buying. I am planning on buying NMC and OEI. Any opinion Jose?

Sergio
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