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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Quasius who wrote (47830)7/13/1999 1:26:00 AM
From: The Ox  Read Replies (1) | Respond to of 95453
 
news.bbc.co.uk
An ecological disaster greater than the Exxon Valdez oil
spill 10 years ago could hit Alaska at any moment,
according to senior employees of the BP Amoco
company.

The six employees - who
have not been named - have
written to BP Amoco's Chief
Executive, Sir John Browne,
warning that "irresponsible
operations" at a major oil
pipeline are posing an
imminent threat to human life
and the environment.

But the man in charge of the
pipe-line has rejected the
claim.

"We're confident that the pipeline is safe," Bob Malone,
President of Alyeska Pipeline Service Company, told
BBC News Online.



To: Robert T. Quasius who wrote (47830)7/13/1999 1:27:00 AM
From: Warpfactor  Read Replies (1) | Respond to of 95453
 
<<If MEXP runs up a little more, I might trade some in for some PGEI, which has been dropping in price but not fundamental value>>

Not a bad idea. MEXP seems to be the "Microcap E&P du jour". CRK held that honor last week, but its 15 minutes of fame may be over. PGEI was en vogue a few months ago, and may be ready for a return visit with a retro nostalgia tour.

Next week it may be PETD, or BELW, etc.. Actually, not a bad way to make a quick 50%. If you can get in on one of these E&P's early, when the pimping starts, and dump at the apex of the buying frenzy, you won't need a day job.

Disclosure: I own CRK, PGEI, MEXP and PETD. I don't trade them - hold pseudo long-term. I am convinced that this board (and Yahoo) unintentionally has the power to move these stocks in the short term.

-Warp