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


To: Post_Patrol who wrote (63021)3/26/2000 11:54:00 PM
From: Razorbak  Read Replies (2) | Respond to of 95453
 
Oil Price Uncertainty

Post: Why burn so much energy trying to guess the expected outcome of a political reaction from OPEC? Why not let the OPEC situation play itself out and, in the meantime, take a substantive position in undervalued natural gas producers in the North American market? As I'm sure you already know, there's no cartel in natural gas.

RRC looks mighty cheap right now, and that's where a lot of my spare cash has been going recently.

Overall, I'm 40% cash, so I've got plenty of dry powder in any case.

JMHO.

Razor