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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (125239)9/24/2001 3:43:25 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Buying some oil services here....couple reasons:

1) They're pretty bombed out now...getting close to (and in some cases already are) good value.

2) A bit of a gamble that we do something in Iraq that causes a supply shock. These companies are pricing in sub 20 oil and sub 2 gas for the forseeable future, if that doesn't come to pass, they will fly.

Bought PTEN and PDE today. Looking at APC/APA/VLO and OXY.
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