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Non-Tech : Invest / LTD

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To: Lucretius who wrote (2131)8/26/1998 11:13:00 AM
From: waverider  Read Replies (2) of 14427
 
LT...could you refresh us...on a very refreshing morning on the street...why NE is your primary pick over all the other oil service stocks such as RIG? $8 on NE goes back to 1995 where it sat at this price for nearly the entire year. It has broken all near and far term supports at this point. Eight bucks looks right on. However, as an investment, I'm not sure I'd be interested. It could be dead money for a very long time if oil is going where we think it is.

Got enough guts to short it here? Maybe I'll do 50 shares for fun.

Talk about gloom and doom...

biz.yahoo.com

And thank you.

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