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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Roads End who wrote (26228)2/10/2005 7:25:52 PM
From: KyrosL  Respond to of 110194
 
Which company makes $25 Billion a year?



To: Roads End who wrote (26228)2/10/2005 8:57:04 PM
From: Wyätt Gwyön  Respond to of 110194
 
Exxon. but there are several other majors that are now making north of $15 BILLION a year. i think by 2010-2012 we will have a major closing in on $75-100 billion a year--that could easily happen with another megamerger and $100 CL.

while i have focused on the North American independents for the better upside, i think there's value in the majors as well. also, i thought the options were pretty underpriced. i picked up XOM 2007 60 LEAPS for 2.20 a month ago, they're now up 80%.