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


To: isopatch who wrote (85855)2/1/2001 8:21:17 AM
From: Second_Titan  Respond to of 95453
 
CA is looking to Mexico for Help?

Mexican Oil Industry Needs 180 Billion Dollars in
Investment

MEXICO CITY, Jan 31 (Reforma/Infolatina via COMTEX) - Mexico's
state-owned oil industry needs around 180 billion dollars in investment
over the next 10 years if current crude production levels are to be
maintained, according to Mexican Academy of Oil Engineers President
Guillermo Dominguez Vargas. The amount is roughly double the
figure projected by the government. Dominguez said around
two-thirds of all investment in the Mexican oil industry over the next
decade must be in exploration and production. Mexico is the world's
fifth-largest producer of oil. "It really is crucial that we invest more in
exploration and production," Dominguez said.



To: isopatch who wrote (85855)2/1/2001 11:11:32 AM
From: chowder  Read Replies (3) | Respond to of 95453
 
Hi Iso! >> How long are you in tech right now? <<

That depends! If they go up, I'll keep em. If they go down, I'll dump em.

I picked up NSM on its weakness this AM and I did same with INKT.

ISLD and INSP are worthy of positions at these levels.

Watch SSTI tonight when they announce. If it starts up in after-hours, it'll be worthy of a very quick scalp. If it opens down tomorrow, it'll be worthy of finding a good entry point.

Like Jim, I like AVT but I already took my profits and I'm waiting for some weakness to re-enter.

I'm only looking for 15% ST on most of my tech buys. I'm of the opinion we're still a month or two away from building LT positions.

I don't envision adding more energy in the near term unless we get considerable weakness.

dabum