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


To: Think4Yourself who wrote (61229)3/2/2000 9:55:00 AM
From: The Ox  Read Replies (3) | Respond to of 95453
 
I agree. My friend just told me that an analyst from his broker was saying that APC would be a better buy if oil prices were LOWER. Said that the higher price of oil would make it more difficult for them to drill new wells/fields. I couldn't believe this comment and quickly set my friend straight.

I know that most people just don't have a clue about the industry but this was coming from an oil industry "analyst".

Sheesh!



To: Think4Yourself who wrote (61229)3/2/2000 10:21:00 AM
From: Winkman777  Read Replies (2) | Respond to of 95453
 
JPQ: >>Fundamentals are FINALLY starting to be recognized<<
That seems to be the bottom line here. The big question is when to sell. I'm selling only a little at a time. Just got 18.25 for FLC. Probably will be able to rebuy cheaper. But maybe not for a while.

Michael: >>analyst from his broker was saying that APC would be a better buy if oil prices were LOWER. Said that the higher price of oil would make it more difficult for them to drill new wells/fields<<

Typical "Unthink", have heard this type of stupidity several times in last few months.

Take care all. Winkman