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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (27277)	4/8/1998 12:20:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

JG, "Leavin' Texas, Fourth Day of July..." Love Jack Straw from Wichita, though it wasn't nice what he did to the Watchman. -g- I love the exploration cos. I am not a great believer of Opec's price cuts, but, simply stated, oil is still priced high enough that if you find a bunch, you make a lot of money. And the cos you mentioned, along with producers like Plains and Seagull, are small enough that any find is highly leveraged on their balance sheets. With the majors backing off a bit due to lower crude prices, that frees up more rigs for our boys to go out and find that black gold, Texas Tea. But we all know that Jed Clampett only needed a squirrel gun. -g- MB