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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (2840)10/19/2006 2:28:36 PM
From: dumpyork49ers  Read Replies (1) of 50317
 
XOM's hge cash position places them in a very nice position, imo.

All that cash will allow them to buy back their stock, increase dividends, and make the share price climb higher and higher.

Cash is king.

XOM is truly in a great spot. They and their cronies will make billions more in the profits yet to come in XOM stock, imo. They will be buying on weakness.
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