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: Thomas J Pittman who wrote (36289)1/30/1999 12:17:00 PM
From: John Carpenter  Read Replies (1) of 95453
 
Thomas, I agree 100%. Some on the thread have chastised me
when I suggested that these stocks will likely lose one third
to two thirds more of their value. Those who forget the past
are doomed to repeat it. I keep pointing to the 20yr charts
of SLB and GLM. Oil-service and drilling stocks are still too
high. Several companies will declare bankruptcy again during
this downcycle. I think there's still a real possibility
that we won't see a recovery until the year 2003.
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