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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (22169)	1/18/2006 5:55:34 PM
From: Paul Senior	Read Replies (3) of 78748

I'll punch up my Chevron position. Not sure though about CVX ability to replace their oil/gas reserves. That could be a key issue for them (and others in the sector). Additionally, Nigeria and Venezuela seem to becoming bigger problems for Chevron there. Meanwhile, with a forward p/e of 8 and a 3% div. yield, I'll take shares. I don't expect the stock to outpace juniors, but this large-cap integrated oiler should be okay for conservative accounts with a long-term perspective. "should" "be okay" "conservative" "long term" "perspective" --- whatever any of that means. -g-

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