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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: lofalutin who wrote (838)7/29/1998 6:18:00 PM
From: JFD  Respond to of 2282
 
Stephen;
I too think that the sector is being beaten to death. Ppl who take a short term prospective will be greatly surprised in 6-8 months. I sold out of GLM at 16 1/2 @1000; purchased at 3.00 several years ago when these same feelings were touted. I looked around for a "holding company" (re:Kulhman 'kul') but could not find one. I ended up buying into VanKampen Unit Energy Trust. Time will tell if fool are folly.
I will definitely look into XTO; hopefuly it is optionalable.

JFD


ps: I sit holding 10 contracts on GLM's Oct. 20 calls. Such is life.



To: lofalutin who wrote (838)7/30/1998 6:19:00 PM
From: Bob Howarth  Read Replies (1) | Respond to of 2282
 
This is slightly off topic but I am long both GLM and Rowan. The latter more because of drilling for natural gas. This summer has been a screamer with utilites running flat out yet natural gas prices have caved in. How come? Could a cold winter not have an effect on oil either?

Thanks.