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To: Nathan who wrote (57586)12/30/1999 11:40:00 AM
From: CommanderCricket  Respond to of 95453
 
Slider,

Welcome back...This thread still needs JQP back with his insight and research.

Your posts led to my best trading gains (FLC) and worst lossess (MEXP) :(. Was in/out of FLC 7 times for nice gains each time!!!

Largest positions are in OEI, XTO, RRC and TMR. Would like to buy GLBL in the low 7's again

Your comments and insight are appreciated and even though I don't agree with everything you write, you do show another opinion that I may not have thought out. Everyone should do their own DD. I "knew" I should have sold MEXP at $2.5 but waited until $2.00 to see your comments were right on.

When would buy back in?

Happy new year.

Michael



To: Nathan who wrote (57586)12/30/1999 11:51:00 AM
From: JGreg  Respond to of 95453
 
All:

Here's some news about higher fuel prices. I don't think the American people are going to put up with higher fuel prices and this administration will do whatever it takes, especially in an election year, to satisfy them. Low energy prices are our "birthright!" I am invested in the oil & gas patch and I wish I am wrong, but politics are designed for today without concern for tomorrow. I still hope Doug Fant is right about the demand vs less supply, but I think something will be done to keep the prices artificially lower. Will Boom 2K be bigger than the present U.S. government? Comments please?

Thursday December 30 10:06 AM ET

FedEx to Implement Fuel Surcharge

MEMPHIS, Tenn. (Reuters) - Federal Express Corp., which has seen rising fuel costs
hamper earnings in the past two quarters, said on Thursday that it was adding a 3 percent
fuel surcharge to most domestic and international services, effective Feb. 1.

The world's largest air express package carrier also said it will add a surcharge of 10 cents
a kilogram to FedEx International Airport-to-Airport and FedEx International Express
Freight shipments, also effective Feb. 1.

``Fuel costs remain high,' Alan Graf Jr., chief financial officer of FedEx parent FDX Corp.
(NYSE:FDX - news) said in a news release. ``In order to continue to provide the
unmatched service and reliability which FedEx customers rely upon, the price of our
services must appropriately reflect our increased costs.'

FDX has said that rising fuel costs cut earnings in the past two quarters. In the fiscal 2000
second quarter ended Nov. 30, FDX said rising fuel costs shaved $55 million of the
company's operating income during the quarter.

Graf said the company held off implementing a surcharge to allow customers to get through
the peak holiday shipping season.

Several passenger airlines that also ship cargo have implemented cargo fuel surcharges in
recent days. On Wednesday, Atlanta-based package shipper United Parcel Service
(NYSE:UPS - news) announced its usual year-end rate increases. But while those take
into account fuel costs, the company does not plan a separate fuel surcharge.

``We have no plans to implement a fuel surcharge at this time,' spokeswoman Peggy
Gardner said.