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: The Perfect Hedge who wrote (3780)11/25/1997 3:57:00 PM
From: Jack Be Quick  Respond to of 95453
 
GD,
re:>>They need to just wipe out the whole oil sector and get it over with.It would be less painful than this.Just take every stock to 0 and start over.<<

Funny you should mention. I was thinking today, as I was reading reports of Tokyo's "plummetting", "plunging", "free-falling" 5% drop (a 5% drop being something that the oil service stocks seem able to manage lately between cups of coffee), that if we could just get one of the major oil service companies to actually go out of business, maybe the market would react with a "mere" 5% drop and we could thereby limit our losses.

Best of luck,
John