SI
SI
discoversearch

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.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (43400)9/9/1999 10:01:00 PM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Hi Bill - been a while. Was just pointing out that oil observation today, and that we had a 15 year low (I think that's the number) only several months back. I did pick up some drillers below book value though - still crazily watching fundamentals ;-)

Thought of you when I noticed the following in Barron's last week:

DJ Ind Avg year ago: 7640.25, book value 1594.14
DJ Ind Avg last week: 11078.45, book value 1691.68

Book value up 6%, but the street can't live on that so the index is up 45%.

bad smells :-),
Tom