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: puborectalis who wrote (18550)	4/9/1998 7:32:00 AM
From: marc chatman	Respond to of 95453

The last couple of points down for ESV were possibly the result of the panic which seems to have gripped some investors as a result of the article in thestreetdotcom by oil guru Mavis. Also, there is a strong possibility that all this speculation -- and that's all it is, speculation -- that perhaps someone knows something about ESV that we don't know, has taken on a life of its own. Perhaps many people don't want to take the risk that ESV will surprise announce some bad news. Of course, others have looked at this as a gift. If I weren't already holding a full position in ESV, I would be one of the buyers at these levels. But, then again, I hold FGII too; and RIG; and NE; and MDCO; and DO. So while ESV and DO have been lagging, I have been sitting pretty with the others. I guess that illustrates the point about eggs in one basket.