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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (16332)1/31/2003 11:12:00 PM
From: Spekulatius  Respond to of 78567
 
<<Spekulatius. I'll say CVX will recover at some point.>>
Good to hear your perspective, regarding CVX. I am sure they will recover. Chevron was an well managed oil company, but since they merged with Texaco, they seem to have lost the edge a bit. The earnings miss was quite significant for a company this size, so i don't think that all has been bad luck or one time events.

What I like about MRO is that they will be taken over at some point, IMO. They are too big to be independent and too small to take over another significant player.