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: Wowzer who wrote (60781)	2/23/2000 1:53:00 PM
From: Jon Cave	Read Replies (2) \| Respond to of 95453

The news with HAL is that it isn't a Tech or Internet company. Maybe if they would sell books on the internet their stock would go up <g>. I am starting to wonder why I own energy stocks. I can't remember the last time my energy holdings went up. Oil prices go up, and energy stocks go down. And then energy prices fall and the stocks continue down. This is a punishing sector to be in right now. You would think that oil was selling at $15. AOL gets raised by Merril and every dotcom stock is up 10% today. The internut sector is sucking the $$$ from other sectors today.

To: Wowzer who wrote (60781)	2/23/2000 1:55:00 PM
From: monu	Respond to of 95453

Well, you want to hear something? All I do is trade this stock because it is too "good" to totally let it go and this sector is never in favor long enough for Hal to be a "long". So here I go again, with an average of 36 after selling at 38 1/8 on the 15th. FWIW, I don't think anything is wrong. If what they say is true, the second half of the year should be fine. In the meantime...

To: Wowzer who wrote (60781)	2/23/2000 3:03:00 PM
From: Braddock Bull	Read Replies (1) \| Respond to of 95453

What the hell is wrong with HAL?? Man, I wish I knew. I picked it up in the mid $38s three weeks ago after what I thought was a nice dip. This stock has been the OSX dog ever since, underperforming just about everything out there. I know management went out of their way in the cc to downplay expectations. I think that hurt. I also think that Dick Cheney is not perceived as the man to propel HAL to it's true potential in this recovery (what recovery?) HAL has the goods to kick everyone's butt out there in the service industry, but it sure ain't happening so far. That said, I don't think anything is "up" behind the scenes. HAL has just become the poster child for short term range traders, many of our OSX stocks have. Nobody owns these stocks very long. You take those traders, add-in a ton of frustrated (some infuriated) longs, a fund or two trimming, the NASDAQ in outer space, low volume OSX, and you have the recipe for a test of the range bottom which is sadly where we're at with HAL today. I swear though, I've learned my lesson. I refuse to lose a dime in this sector and I won't if I'm patient enough. But I tell ya, after this cycle I'm never coming back. Oil companies and oil stocks suck, Kudlow is right. Brad