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


To: SliderOnTheBlack who wrote (66104)5/12/2000 10:36:00 AM
From: ItsAllCyclical  Respond to of 95453
 
>> $29 crude oil - knock, knock, knocking on heavens door - again <<

Actually I don't want to see oil break 30 again for a couple reasons.

1) Many investors will view it as unsustainable.
2) OPEC will be pressured into increasing production come June.
3) It could hurt techs which I've been averaging into.
4) $30 oil is not needed for the OSX issues.

Give me $24-26 for 2 years. That would be nirvana for the oil sector.

OT - Got my average price down to 15 7/8 with PKTR now with the same number of shares I bought originally back at 18 1/2. Thanks again for bring this to my attention. It's a good little trader and likely a great long term hold. I still think you should consider buying NITE or NTPA. If you like DSL plays then NTPA is better imho than COVD. I own both, but NTPA is making money now, it's cheaper fundamentally. I like COVD only because it's the leader between NPNT and RTHM. But since it doesn't own it's own "backbone" and uses the baby bells I don't consider it much of an infrastructure play.



To: SliderOnTheBlack who wrote (66104)5/12/2000 12:22:00 PM
From: victorw  Read Replies (1) | Respond to of 95453
 
thanks for COVD. Caught it at 21 3/8. WCOM is my LT broadband play, but I love bouncing into shortterm plays with a secular upward bias. Played GBLX a few times, but don't trust it LT.

VICTORW