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

To: SliderOnTheBlack who wrote (59957)	2/8/2000 5:33:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Slider, Re: VPI, E&P's, Oil vs Gas plays > Jim L - VPI - can you believe it ? It's coming back here... whodathunkit ? << Lots of ways to interpret that remark. Would you like to elaborate lest I misunderstand you? As for VPI I want to have some core long term holds. If oil prices settle in a new long term range say $21-25 vs the old $16-20, then VPI should receive a higher long term multiple than in the past. If you remember I bought VPI calls and used those as my short term trading vehicle and decided to keep the shares long term. I made over 150%+ on the calls so getting a little bit of a pullback in the shares does not bother me. I have no desire to try to trade everything from peak to peak. I've wasted far too much time on this sector already. For all the talking the E&P's have been a horrible investment over the last 6 months. Talk about underperformance. I've done well by trading them, but it's far too time consuming. It's still a little early to determine where gas prices will settle long term, but it does appear OPEC has a new desire for a higher prices range for oil. Nothing in E&P land surprises me anymore. Even UPR went down. Whodathunkit.... ;) BTW, My personal sentiment indicator is getting pretty ugly.

To: SliderOnTheBlack who wrote (59957)	2/8/2000 5:38:00 PM
From: SargeK	Respond to of 95453

Blather on the Black: "Sgt. Deepwaterbubblefart; get a damn clue - play "deepwater" smartly here - own the drillers. Holloway was probably closer to filing a reorg than anyone realizes. Chevron just shot a hole thru the heart of any thoughts of a Deepwater Rig Construction Boom - RIP FGH... Big Oil is not throwing any money towards Deepwater Newbuilds ANYTIME in the next 12-15 mos. They have allready made that VERY CLEAR to all the analysts ! Do you FGHspamophiles read ? - an odd contract here & there AINT gonna cut it. AN EASY READ: You're BUYING! Thanks again - Boiler Room (Read: Slider & Associates) I post a simple article & your typical response is personal attacks & psycho babble!!!!!!! CU @ 25 little cretin!!!!!!!!!!!!!!!!!!!!! SargeK LOL