Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: marc chatman who wrote (58804)	1/20/2000 3:06:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

If the Morgan analyst said that then IMHO he/she is an idiot savant. HAL? They said months ago this quarter would stink! What they should have done is to mention the difference between the service companies and the EnP's, and the fact that EnP spending on services has been weak as the EnP's are rebuilding their balance sheets. THAT would have been a service to the investment community. But then again, many analysts don't appear to understand the difference themselves so how can they inform us ignorant masses? I am so sick of these fools masquerading as experts that I haven't watched more than 2 hours of CNBC since mid December. Anyone notice that TMR announced today another two new successfull wells going on line? Sounds like they listened to everyone's complaints about their media silence and are actually starting to keep people informed. Hats off to TMR!

To: marc chatman who wrote (58804)	1/20/2000 3:53:00 PM
From: upanddown	Read Replies (2) \| Respond to of 95453

Anyone watching ENE today? They have some kind of broadband deal with SUN and are up over 10 points. They had reported earnings on Tuesday that were solid but in-line. This morning there was a delayed opening because of order imbalance, obviously due to the SUN deal. Reason I am interested (I don't own ENE) is that ENE is the 800-lb gorilla of the XNG (its mkt cap is equal to all other members combined) and my XNG Jan 140's, which expire tomorrow and were hopelessly out of the money two weeks ago are now in the money. Trying to decide whether this ENE news is just PR puffery that will collapse tomorrow and take me out of the money or whether good NG pricing will make other XNG members jump prior to expiration tomorrow. My gut feeling is to hang on since it is found money anyway. John

To: marc chatman who wrote (58804)	1/20/2000 4:07:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

o/t WM - agreed 110% that 2 Fed hikes for/ .50 are allready priced in here. Bond market guys have been acknowledging this for weeks. Stock has had strong insider buying over $30. Now priced under the Oct 1998 Market crash levels where financials were literally shaken to their foundation. I was on the periphery of that - trust me; this isn't ANYTHING even remotely near to the operating, or margin/liquidity/rate enviornment of that time. These are the best risk vs. reward buys in the market imho. I think you have to have at least an "initial" entry here; the reason being is the 30%+ spike we had in October. If the Fed hikes - these stocks may rally on the relief; if the Fed does not hike; these stocks will bust out. The market is desperately looking for a place to move money - oils look pricey here - ie: MSDW's comments. Personally; I am in and using wide buy limits - $21-$19; and $17 starts margin leverage if seen - with the cavaet of any unforseen market reaction to the Fed environment. I don't have any qualms from cutting losses, for example if we saw 15 Milllion shares tomorrow with all selling pressure; I would exit and then sit and wait to see if $17 would hold, and if it does - catch it off the upside bounce... I think financials & Oils will both be two of the story sectors by end of the 2nd qtr. WM is a gift... just ease in & use 7-10% gaps between limit buys. The one thing that worries me in the oilpatch is if a Fed Hike may lead to a 300-600 point DOw selloff/correction and takes the oilpatch down 7-10% with it ? I would think that OSX 80-82 would get solid buying here and would hold as a bottom. Nat Gas is really interesting here... "if" we break through to about $2.75 ish Nat Gas - virtually no one is using more than $2.60 for even the most bullish 2000 estimates; and if we would see $30 crude simultaneously.... it is too the moon Alice; certainly for the E&P stocks... Could be an interesting 4-6weeks coming up; if the Fed does not hike rates and come March if OPEC formally meets and formally extends cuts - Off to the races...