Strictly: Drilling and oil-field services Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: thomas hayden who wrote (37808)	2/19/1999 10:42:00 AM
From: JungleInvestor	Read Replies (1) of 95453

Thomas, Unfortunately, I don't know what the OSS stocks would do if oil went up a lot due to high inflation. I sold my tech stocks and mutual funds in December believing that there was a better risk/reward in the OSS than the general market which has a very high valuation (e.g., as measure by PE, dividend yield, etc) compared to historical. If oil prices move up due to inflation and the general market tanks, my guess is that OSS will do much better than the market although it may go down also. Sky high oil prices in the 70's caused the market to tank, but I was not following the oil sector then and do not know what happened to OSS stocks. Maybe someone else on this board can answer that.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next