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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (22001)	11/10/2000 11:02:29 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 29382

A little analyst humor this evening. netcog.com CHK said to Outperform with a target of $52. From 5.5 to 52 I hope it would outperform. You would hope it might actually be a strong buy. LMAO. Joe

To: JoeinIowa who wrote (22001)	11/11/2000 6:04:38 PM
From: Sergio H	Respond to of 29382

<Interesting for me is the fact that the drillers are in better financial shape but do not have the explosive potential as the true producers. You only have so many rigs that you can rent at anytime etc... > Joe, keep an eye on the rig day rates and usage capacity. I believe that current usage is at about 85% of capacity and that the increase in drilling activity hasn't peaked yet nor is it reflected in current earnings reports, particularly for natural gas vs oil. The equation is a simple case of supply and demand. We are going to experience greater demand than supply (and short term capacity) resulting in higher prices. No fuzzy numbers here. Which, unfortunatly leads me to my darkest hour in my short election campaign. I hereby concede to Bush. :-( Sergio