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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: shane hartman who wrote (32195)11/28/1998 2:44:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
If you see those prices, it will be because things are much worse than they are now. If they get that much worse we will start seeing companies going out of business. You don't want to own a company going out of business. The stronger companies will be standing by, ready to suck up the remains, with my kind assistance.

The debt holders will be left holding the bag, and equity holders will be behind the debt.

THEN in a couple few years, the cycle will repeat.

..and so goes The Big Dog Theory of Oil Service Sector Evolution...ignore the laws of nature at your own peril.

big
loosbrock.com