SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GST who wrote (113135)12/21/2000 9:49:42 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> I am buying puts on oil service at the open.

GST, I pasted a link for you to look at. Oil services are not now priced so outrageously high. In fact as long as oil stays in the $20's per brl, oil services will be very profitable. And as their old contracts expire, new day rates will be higher. Share prices of oil services are still 40% below the old highs of 1997.

Of course you've been so right about this down turn since september, I wouldn't presume to quibble with your instinct (or maybe it is logic ?).

"U.S. refined oil imports at highest in 10 years"

news.excite.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext