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To: marc chatman who wrote (25401)7/9/1998 3:27:00 PM
From: PuddleGlum  Read Replies (3) | Respond to of 95453
 
All-
Here's an interesting article on how the industry insiders see the current market situation:
biz.yahoo.com

XTO, an e&p company, has made investments in other e&p companies such as SGO and WZR because they believe the current market sentiment represents a rare opportunity.



To: marc chatman who wrote (25401)7/9/1998 3:33:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
that & DO taking another big hit....

I thought when I switched to DO that i would have the "relative" safety of the deepwater and no debt. That was at $44(!)

For those with more cash than i have left ...may i make a suggestion?
The jan year 2000 DO leaps strike price 30 are 11 3/4 today. If anyone believes DO will hit 45 between now and next summer that is a double.

Let's put it this way...if DO doesn't hit 45 by next summer we are all dead meat-g-



To: marc chatman who wrote (25401)7/9/1998 5:07:00 PM
From: Starlight  Read Replies (1) | Respond to of 95453
 
Wouldn't this account for the drop in EVI?:

biz.yahoo.com