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


To: Big Dog who wrote (67511)6/2/2000 1:02:00 PM
From: jim_p  Read Replies (2) | Respond to of 95453
 
I'm holding out for 3 points on BJS. We should bounce from here soon. Missed BHI this time by 1/16 this go around. Maybe a third chance?

Jim



To: Big Dog who wrote (67511)6/2/2000 9:06:00 PM
From: Warpfactor  Read Replies (2) | Respond to of 95453
 
Big,

Here is a Hypothetical situation. Can you give me your thoughts.

Assume you work for a big-time public shipping company, say FedEx or UPS. Or maybe a large airline such as United.

Rising fuel costs are eating away at your margins.

Would it make sense to go out and buy a small to medium oil/gas exploration company, and pump and refine your own fuel to be used by your fleet of vehicles and planes? You could sell the residue at market rates for an added profit center.

Consider that McDonalds raises their own beef. Williams Co. also comes to mind, an odd mix of energy and broadband communications.

Warp