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


To: SliderOnTheBlack who wrote (51719)9/23/1999 3:46:00 PM
From: ChanceIs  Read Replies (1) | Respond to of 95453
 
Got my EEX... Consider the recent hole was a bust. Look at the cost of the last hole $19M written off in Q2 and $8M to be written off in Q3. All other things being equal, then this hole and the other would cost a total of $35M ($27M + $8M) this quarter or almost $1/share. EEX has dropped $1.625 since Tuesday. Book still around $7. Cash still around $3/share.

PS Good company presentation from Houston Energy Conference:

media.corporate-ir.net



To: SliderOnTheBlack who wrote (51719)9/23/1999 3:57:00 PM
From: hdrjr  Read Replies (2) | Respond to of 95453
 
Here we go again, after good gains in the OSX it is selling off with the overall market. Are there any overall market watchers out there? Maybe I am just paranoid but the DJ30 does not look good. It just took out another resistance level, the last in this upper range. See securitytrader--http://www.securitytrader.com/fpindice1.htm

Also several crash prediction sites are starting to issue warnings.
wwfn.com
mrci.com
futuresfax.com

I am looking for an exit point in the next week while I can protect earlier year profits. This is getting ugly. Dow down
210, Nasdaq down 113, OSX at 78.5.

Does anyone venture a guess at oil and OSX reaction to a severe drop in the overall market?

hdr