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To: ItsAllCyclical who wrote (53273)10/20/1999 10:02:00 AM
From: ItsAllCyclical  Respond to of 95453
 
Lack of movement in E&P's...

I'm starting to get a little concerned. Little to no reaction to good news is not a good sign. Are these earnings already priced into the stocks? Is there little faith oil prices will stay high? The OSX is meeting heavy resistance again at it's 200 dma. Maybe they're waiting for SLB to show the green light.

It does go to show that without street support these puppies aren't going anywhere...

If OEI was traded like a tech stock purely on a PE basis it should be higher based on these earning let alone cash flow.