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: Think4Yourself who wrote (64800)	4/17/2000 3:30:00 PM
From: jim_p	Read Replies (1) \| Respond to of 95453

I have never seen a year go by that the E & P's capital spending isn't equal to or greater then cash flow from operations. I realize that a lot of the smaller companies have been rebuilding their balance sheets, and some of the larger companies have been purchasing their own common stock, but soon 100% of cash flow will go to exploration and development. Once the capital markets open, they will spend 100% of their cash flow plus whatever they can borrow. They always have and they always will. Historical boom and bust cycles in the oil patch have been a function of capital, or the lack there of. There is either no capital available or to much. This cycle has no reason to be different that any other cycle. Jim

To: Think4Yourself who wrote (64800)	4/17/2000 3:40:00 PM
From: SliderOnTheBlack	Respond to of 95453

Ohhhhh My ! - Run CMGI RUN ! My gut said load thy boat on this ole fav' - I did.... tech been good today Sarge.... CMGI was my only major, major buy - 5% of my portfolio - call me crazy; this is the 3 bagger iNet play yet this year and a LT - who knows.... 10 bagger potential as the internet story matures over the next 3 years.... CMGI yeah baby ~ I will remember this as perhaps the best buying day ever for the potential returns in the short term -literally, the last great OSX blow off imho.... just watch. Got TECH ?