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: SliderOnTheBlack who wrote (61818)	3/8/2000 4:21:00 PM
From: S. maltophilia	Read Replies (2) \| Respond to of 95453

FGH COO RESIGNS ! - DUMP IT NOW !!!!!! SELL !!!!!!!! Jan. 12, 2000--Friede Goldman Halter Inc. (NYSE:FGH - news) said John Dane resigned as vice chairman, president and chief operating officer. J. L. Holloway, chairman and chief executive officer, will assume the additional title of president.<< Shouldn't depend on Yahoo for news.-g-

To: SliderOnTheBlack who wrote (61818)	3/8/2000 4:35:00 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 95453

I think the story today was that we lost close to $3 in the price of crude yet the entire sector did not selloff. It was very selective showing the valuation gap between the XOI, XNG and OSX. I'd say many E&P's ignored bad news today. I can't remember any other day in the last year where crude lost $3 and 95% of oil stocks didn't go down with it. In the E&P group it looks more like 50/50% and the declines were minor. Airline stocks soared today, but I still think it's way too early to consider that group as earnings estimates will be coming down for at least the next 6 to 9 months due to high oil prices and higher interest rates cooling off the economy.