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Gold/Mining/Energy : XON - Exxon Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (161)3/17/1998 2:01:00 PM
From: Scott Hinman  Read Replies (2) | Respond to of 242
 
Wiseowl,

I've been a holder of Exxon for years and it seems to be stuck in some kind of rut. It has been in the $60 -$65 range for almost a year now, with no movement towards $70. It is frustrating because all of the other major stocks are hitting new highs, yet XON is just treading water. They keep announcing great earnings but no one seems to be buying or recommending the stock. With oil prices slipping below $14.00/barrel a lot of people are saying their earnings are going to be hit. However, I'm holding on for the time being - unless I see real
signs that earnings are going to fall. Anyone else have comments?

Scott