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Gold/Mining/Energy : Triton Energy (OIL) - Elephant stalker -- Ignore unavailable to you. Want to Upgrade?


To: Intel Trader who wrote (103)7/17/1998 2:56:00 PM
From: IceShark  Read Replies (1) | Respond to of 134
 
it, If I were short I wouldn't cover, I am looking into taking a long position. But the more I learn the worse it looks. Wish I knew someone on one of the Due Dilli teams. -vbg- There has been a major turn in direction, and the fluff the market had in the stock price for future reserves is melting fast.

Regards, DWW



To: Intel Trader who wrote (103)7/17/1998 3:15:00 PM
From: IceShark  Read Replies (1) | Respond to of 134
 
it, another thing "I don't think too many big buyers substitute Faber for due diligence."

True, HOWEVER, in the CC the BIG BOYS left the CC with a lot of unanswered questions. I have personally performed due dili on big deals and if I ran into the deflections and "maybe we can get back to you later answers" I would have a hard time paying attention because of all the red flags and sirens going off in my head. Maybe OIL boys are just unprepared/flustered due to all the hub-bub.

Regards, DWW