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


To: Warpfactor who wrote (67545)6/2/2000 9:51:00 PM
From: jim_p  Respond to of 95453
 
Interesting to see the effects of leverage in an up market. XTO and VPI the more leveraged and BSNX the least leveraged.

siliconinvestor.com

Jim



To: Warpfactor who wrote (67545)6/3/2000 12:06:00 AM
From: Big Dog  Respond to of 95453
 
FedEx don't know squat about being in the oil business. Best to stick to what you know. (That's why oil companies don't own drilling rigs...that plus the oil comapnies know that they can get some other fool to employ capital at a greater risk/less return than they would be willing to take themselves.) They (FedEx, et al) use hedging techniques to compensate for energy cost risk, I suspect.

big