SI
SI
discoversearch

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 : Exxon Mobil (XOM) -- Ignore unavailable to you. Want to Upgrade?


To: Chartgod who wrote (25)6/16/2000 9:14:00 PM
From: duncan moyer  Read Replies (1) | Respond to of 585
 
On CNBC this evening Maria interviewed the XOM CEO. He believes good things are in store and he does not see a return to under $20 oil anytime soon.

XOM is expected to be the most profitable company, up from #4 last year, this on a dollar basis with $13B in earnings.

Some other analyst on CNBC expects that XOM will be buying maybe $4B of their stock every year once the merger restrictions are behind them.

All this appears to be bullish for the stock price.



To: Chartgod who wrote (25)6/17/2000 7:16:00 AM
From: Bald Eagle  Read Replies (1) | Respond to of 585
 
RE:I'm eating Eating crow right now...<lol> ~~

Hey, stay away from my cousin.

Well, I'll be losing all my XOM shares because I sold Jun 80 calls. I hope we get back to 77, but with the CEO being on CNBC and all the recent media attention being given to oil stocks and drillers, it might be a little while. Either way, I'll be back in when my TA says it's a good time to buy. XOM is not an exciting tech stock, but with dividends and selling calls, I'm up almost 50% in eighteen months, just steady as she goes and I get to sleep at night :-)