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: Lucretius who wrote (15667)	3/20/1998 12:16:00 PM
From: Broken_Clock	Read Replies (3) of 95453

Luc... aren't you just a long term mo mo guy... >>g<< What type of dividend does NE pay? None, I think. Therefore, the only return on NE stock is a higher stock price based on the buyer's perception that the stock is to be desired. I doubt many were buying NE when the stock was diving in the 80s. Now a true long term investor would have kept his GLM after he bought it at $250 in the late 70s, right? IMO the stock market is 99% mo mo. The only difference to the investor is his time perception. Now, a true investor might be inclined to buy PBT which is strictly a return on capital invested by way of dividends. PK

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