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: Jane4IceCream who wrote (67498)	6/2/2000 11:30:00 AM
From: Terry D	Read Replies (1) \| Respond to of 95453

Just did the JDSU for BJS swap again. The OSX-SOX negative correlation is stark. t d

To: Jane4IceCream who wrote (67498)	6/2/2000 11:44:00 AM
From: Jane4IceCream	Respond to of 95453

Added more SFY at 23 3/4 here. Jane

To: Jane4IceCream who wrote (67498)	6/2/2000 11:56:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Freeway - re: ESV... It one of the mo-mo fav's and along with FLC perhaps the most leveraged to what is taking place in the GOM & best poised to rally when the Q2 earnings show the ramping of dayrates in the GOM - for the drillers; dayrates are like commodity prices for the E&P's. This will be the first real - fundamentally driven move based on bottom line dayrates,earnings/cash flow really turning the corner... and no longer "just" a rally based on "expectations" - GOM leveraged drillers could move HUGE off of Q2 reporting imo...now, we may only see "comments" that rates really turned late in the qtr, but analysts want to see & hear the numbers; before taking these companies to the next level and even if it will be Q3 before the get they benefit of a full qtr of ramping dayrates - the commentary of where dayrates have moved to will spark a nice rally imo to new highs...(again, one caveat - that the overall market doesnt tank off of the June Fed meeting info). The fav's - SII BJS WFT CAM et al have pulled back significantly - finally re-entering a nice buying range - only real risk is an overall market blow off in the near term and the majority of that risk will be both quantified & the markets reaction will be know very soon from the June Fed & Opec meetings... I just don't see favorable odds in making a "major" bet (going to high margin etc) before then...