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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: bistineau_la who wrote (30783)	5/12/2003 6:38:25 PM
From: isopatch	Respond to of 36161

Julius. With small and micro caps, that's standard fare. Takes me quiet some time to build positions in them. Even then, a full position in a very small cap = about 2/3 of what I'd put in a larger, more liquid trading investment or trade. Also, been an advocate of buying a basket of these vs just 1 or 2 because company specific risk (such as a dry hole) is more of a concern than would be the case with a DVN or XOI. Hope that helps, Isopatch