Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: IndioBlues who wrote (48833)	8/4/1999 1:38:00 PM
From: ChanceIs	Read Replies (2) \| Respond to of 95453

Does anybody know why crude dropped $0.40 in the last 15 min? <EOM>

To: IndioBlues who wrote (48833)	8/4/1999 2:51:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

< Does anyone else think OSX is overbought here?> On pure fundamentals - yes; on technicals if we reach a new high - no; = a wash imho... ------------------------------------------------------------------------------------------------------- Jim L; I am not so sure on TMR's upside vs. BEXP. BEXP has all the bad news priced in and has huge nearterm upside from individual wells. They have ''seismic prospects to die for'' - is the quote I'm hearing and they are ready to drill them this quarter... again; ENRON stepping in with $50 Million after VTS did their seismic work - says it all imho. Yes; they got hit hard in the ''financials'' due to the revisions from these low commodity prices; had some dilution etc & now living within restricted cap ex spending, but - their upside leverage is amongst the best, and their portfolio of prospects on a risk vs. reward basis is amongst the best... and their price to value is amongst the best... but, their ability to develop these prospects timewise is the key... Agreed TMR is a very bright star - I capitulated on my limit buy order; bought at $3 15/16ths and then $4; I'm in for a moderate position - would load at a retracement - but, don't expect anything substantial retracementwise; this is looking better by the minute here (VBG)... If this holds $4+ today at the close - I'm impressed... yes; it could run real nicely here. RRC is ''the'' buy once again $5 1/2ish.... $7 is a given, Deutsche Banks price target upgrade to $10 says mucho.... they are as conservative as ANY House covering the Oilpatch. The East Coast/New England premium received for the Apalachian Nat Gas is a plum here... CRK moving in slow, steady steps - $5 looks like a gimmie soon.... if above $5 at earnings release time - the fundies will be in large - a pop to mid $6's even a run to $7 could happen rather easilly; but I am not back in yet... liking RRC better price/value/upside-wise...