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

To: SliderOnTheBlack who wrote (56174)	12/6/1999 2:07:00 PM
From: Think4Yourself	Respond to of 95453

Buy OEI? Whad'ya think I've been doing all afternoon (VBG)? Upped my position in every account.

To: SliderOnTheBlack who wrote (56174)	12/6/1999 2:14:00 PM
From: ItsAllCyclical	Respond to of 95453

Slider, call option prices on E&P's look overpriced here. I'm not saying they're not a good value, just seems like some manipulation going where they're taking the share prices lower, but not the call prices.

To: SliderOnTheBlack who wrote (56174)	12/6/1999 2:29:00 PM
From: Jon Cave	Read Replies (1) \| Respond to of 95453

"Buy OEI" I have been buying. Going broke <g>. Damn, I think I'll get me a T-shirt saying "Come lose your money in the energy market". These gas stocks are acting like dot com stocks. The only difference is the dot com stocks are going up and the NG stocks are crashing big time. BR has got to be a buy at 31. It it aint', I'll never buy another stock again. Heck, I am starting to think these NG stocks might set new lows with 2.20 gas. Shezzz, I would hate to find out what would have happened today if the price of oil was down. Wanted to buy puts on dot com stocks. Heck, a April 340 put on QCOM now at 400 costs 40. What a rip off. QCOM would have to drop to 300 just to break even on the put by April.