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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: chris714 who wrote (38836)9/25/2003 1:21:06 PM
From: Cogito Ergo Sum  Respond to of 74559
 
He's probably betting on the outcome... Conservative guy phooey LOL..



To: chris714 who wrote (38836)9/25/2003 7:21:50 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi chris, <<NAT>> ... yup, I am now equally weighted in:

NAT uk.finance.yahoo.com
TK uk.finance.yahoo.com
VLCCF uk.finance.yahoo.com

... and am wagering that the contract negotiations of NAT and VLCCF will turn out OK, while TK's business will hold together.

I was not specifically aware of the <<5 days or so>> decision from BP on NAT. I am vaguely aware VLCCF knightsbridgetankers.com contract renewal issue for next year. All the ships are good for about 12-year productive life, before rusting, insurance premium and such factors make replacement economically sensible for the big oil firm customers.

Chugs, Jay