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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (2316)6/19/1999 4:31:00 PM
From: accountclosed  Read Replies (1) | Respond to of 63513
 
Luc has said that Venture Capital activities have been pretty much halted pending an environment with lower valuations.

One of my many debates with him is that being a mega bear is incompatible with his career. My argument was that his career on hold is already a big big bet on lower prices...why risk the portfolio, too. It really sounds like he wins in only one scenario: a big kahuna.



To: Lost1 who wrote (2316)6/20/1999 10:25:00 PM
From: mph  Respond to of 63513
 
Noble Drilling was definitely Luc's fave.
I suspect he does live in Texas and
has contacts in the oil biz.

He's living proof that even a blind squirrel
can find an acorn now and then.<g>

M