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: SliderOnTheBlack who wrote (40765)	3/24/1999 4:48:00 PM
From: Gary Burton	Read Replies (2) of 95453

Slider--In looking for lagging ones, I stumbled across OIL, about which I know little about, other than HM bought conv pfds (conv at 17.50) and it seems to be a one trick pony in an unstable area (y2k risk? political?)...Is there anything good about this one that is shall we say underappreciated by the market at the moment-relative to where it is trading at of course? For eg do you have any idea what its reserves are worth at $15 oil?I am tempted to take a flyer here.

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