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: Thean who wrote (19022)	4/14/1998 2:54:00 PM
From: marc chatman	Respond to of 95453

I think the only likelihood of a bold outlook would be for a RIG, with only deep water exposure, or a fab with a heavy backlog, or possibly one of the service companies. I think the land drillers and those with shallow water exposure will remain cautiously optimistic.

To: Thean who wrote (19022)	4/14/1998 3:01:00 PM
From: Broken_Clock	Respond to of 95453

Thean...USA site says oil down $0.15...where are you looking and which one is right?

To: Thean who wrote (19022)	4/14/1998 3:14:00 PM
From: Tulvio Durand	Read Replies (2) \| Respond to of 95453

I was wrong when I said drillers had no place to go but up. Today's IBD shows drillers' sector ranked dead last, having dropped one notch to #197 out of the 197 sectors tracked by IBD. From this cellar position there's absolutely no place to go, but up. This time I'm sure of it. Tulvio

To: Thean who wrote (19022)	4/14/1998 3:38:00 PM
From: bw	Read Replies (1) \| Respond to of 95453

GO NE and UCL!! Decided to be the cheerleader for a change..<g> Funny how people's comments are usually tailored to match their respective stock positions. That's life in the Jungle of Greed, I guess... Have dabbled in the majors for quite some time. Out here in N.Calif, we have never stopped paying [pain] the likes of Unocal, Chevron, etc..$1.30 for a gallon of gas. Seems logical that since we are being reamed so bad by the majors, might as well take advantage of some of their profits [hopefully]. Also, now as a Unocal shareholder, I can cut those drilling budgets* & still win! *not NE's, of course..<g>