Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jerry sullivan who wrote (9719)	1/26/1998 11:57:00 AM
From: The Perfect Hedge	Read Replies (1) of 95453

Jerry- What gives?oil up 45 cents.that's 45 cents and the higher it goes the more the osx drops.wasn't there some correlation between oil prices and the osx?If there was,there's not now.This is it;I think no one is going to buy these stocks right now no matter what happens;oil goes up,Iraq gets bombed,earnings estimates are crushed,analysts upgardes,stock buybacks,E&P budget's increased.It doesn't matter what we come up with.No one is buying but I can't figure out why????? GD

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