Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: PuddleGlum who wrote (9083)	1/22/1998 12:58:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 95453

Steve; RE:" GazProm " We've got three OSX.X sub-sectors to think about - I divide them up as OSX.D Drillers; OSX.M Machinery & Equipment; and OSX.S Services. They are all (fundamentally) sound, IMHO. The stocks, OTOH are real momentum-player favourites, and never seem to settle down for long. I think what concerns all the cowboyz in this sector the most is the price of crude - don't you ? At some point, the rig count will be affected by cheap oil (anybody keeping a chart of this? we used to have to go down to the courthouse in Houston every week to get these data - they're in the paper now, I believe). Stability at GazProm is good news for all oil-men, everywhere. But we ain't goin' nowhere in '98 if everybody is gonna dump crude for hard currency. Oil Biz 101, cowboys - cap 'em and wait. -Steve