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


To: Ronald J. Clark who wrote (73957)9/20/2000 2:10:38 PM
From: Wowzer  Read Replies (2) | Respond to of 95453
 
OXY and TDW look like good short term plays here...



To: Ronald J. Clark who wrote (73957)9/20/2000 2:11:35 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
Did anyone catch some CIBC rep named Tom Gallagher just now on CNBC? This ANALyst said oil stocks are now a speculative bubble of the magnitude of the dot-coms. Can't believe they even let that bozo on the air!

Yeah, we are trading at PE's in the thousands. Yeah, nobody needs energy. Future looks awful. Only difference I can see different is that we have earnings... in spades!

Found myself wanting to throw things at the TV just to get him to shutup. Hope he gets fired for non-performance. Clearly some of the most pathetic things I have ever heard an analyst say.