SI
SI
discoversearch

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: ItsAllCyclical who wrote (64028)4/7/2000 9:47:00 AM
From: ItsAllCyclical  Respond to of 95453
 
HOFF - Huge volume. Close to 2 mil shares traded already. It's around 7 1/4 now. With that volume I would think that the seller should be cleared out now. Probably some fund that wants to chase tech stocks. I can't see selling at the START of the next oil cycle, but I also can't believe Kudrow thinks $15 is even possible this year let alone this summer in the face of gas shortages.

Normal volume on HOFF around 100K. We now have 2+ mil in the first 15 minutes.

MRO's estimates are raised by almost 50% yesterday and it's down today. Looks like techs are soaking up all the money again.



To: ItsAllCyclical who wrote (64028)4/7/2000 9:49:00 AM
From: Wowzer  Read Replies (2) | Respond to of 95453
 
<<I would love to get Slider, BigBull or Big Dog on CNBC >> Change that "or" to an "and" with them on all at once. That would be a show worth using the VCR....

Edit: Run HAL run...



To: ItsAllCyclical who wrote (64028)4/7/2000 9:52:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
What's really ironic is that he just said you shouldn't use PE's because you can't look back to figure out what is happening. You have to look at growth because it is a different game. How two-faced can you get? Can't look back when it's inconvenient, but you can when it is convenient.

Earnings don't matter when buying tech and supply and demand don't matter to oil prices.

What a putz.



To: ItsAllCyclical who wrote (64028)4/7/2000 9:59:00 AM
From: Roebear  Read Replies (1) | Respond to of 95453
 
JimL,
Kudlow smudlow, oil is above solid support at 24.90, but important for OSX to have a good day after reversal stick.

Agreed on the CNBC 10 minutes, think we can get equal time?
Has BSNX opened, still showing 0 volume few minutes ago.

Somebody likes the UPR/APC deal, both look solid today.
Disclosure: As a margined double for me I may sell some soon, hold rest until weakness.

The sheik is buying but if its oil he ain't telling (guess he has plenty already):
***
Prince Alwaleed has bought himself some new stocks. He bought $100
million of Xerox (XRX, $28, up 2), $100 million of Eastman Kodak (EK, $61,
up 1), $400 million of Compaq (CPQ, $29, up 2). He also bought $400
million of AOL (AOL, $65, up 2), bringing his total holdings in AOL up to
just over $1 billion.

COMMENT: We always watch what The Sheik (as he is affectionately referred
to on Wall Street) is up to. It is fun to think about what it would be
like to invest in $100 million chunks. But seriously, he has had a
TREMENDOUS track record of investments. Citigroup (C) at $4; Apple (AAPL)
at $18, etc. If you want to make big money, follow big money. Then, reread former sentence!!
****
That was from a bull techie newsletter, my apologies gggg.

Best Regards,

Roebear