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: ItsAllCyclical who wrote (58811)	1/20/2000 4:47:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Jim Re XNG/ENE, thanks, I went back to the AMEX site and read the specs. I thought it was like the S&P500 weighted by market cap. It is actually equally weighted for each member, adjusted quarterly. That seems really dumb. ENE has almost 300 times the market cap of EEX but they have equal effect on the index. It actually might help tomorrow if ENE comes back to earth. ENE rises 25% on news that it is BUYING $350M of Sun servers. Talk about dot com mania. It will probably jump again tomorrow since the details came out at the close. I just think tomorrow might be a good day for NG prices and NG stocks so I think I will just hold and hopefully exercise. NG has that marching towards 3 bucks look about it. Speaking of exercising, do you know whether I have to manually exercise or is there an automatic exercise if it is a few cents in the money? No danger of the usual manipulation to the strike with the highest OI that you can get with active options since the OI is only 30 and adds up to chump change. John