SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Burton who wrote (36158)1/29/1999 9:34:00 AM
From: marc chatman  Read Replies (2) of 95453
 
Thanks for the response. I find it particularly interesting that some of these stocks could be at the beginning of a bull, while others are at the end of a bear. But I suppose it would make sense that a bluechip like SLB could have begun it's bull run first.

<<One wonders why bother with RON when one can buy others MUCH cheaper valuation wise and just as big.>>

I can think of a couple of reasons. First, merrill may be wrong (in fact, I guarantee nobody can now predict RON's business in 2000, or anyone else's for that matter -- that's why estimates always get revised about 100 times). Second, RON is a large component of the OSX, and many funds feel more comfortable buying the "index." Look at the relative valuation for SLB, as an example. At this point, I'm actually much more uncomfortable with RIG seeing all those contracts expiring this year.

Disclaimer -- I own some RON.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News