SI
SI
discoversearch

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.
Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Silicon Trader who wrote (8331)12/16/1998 9:53:00 AM
From: Al Gutkin  Read Replies (1) | Respond to of 10227
 
Big: Are you actively trading N or BA. Me, I put lots in OIL SERVICE.

When you got an industry that is down, like banks and oil service, one has to look at the investment opportunities and ask some questions. What about the potential? What about upside movement? What is the risk?

Well as we know, the banking industry cycles, long term it will always go up. Chase Manhattan, First Union, City Corp. etc are not going BK. Even though C has muddied up it's business. Oil Service, now, at an all time low GLM was at 8 13/16 yesterday, the only place to go is up. Everytime Araq caughs or the Arabs meet, the stock is good for a 3 point gain over 3 days. Heck you can buy lots of shares at 8, make lots of bucks with very little risk. It's like buying N at 15-18.

Thanks for the vote of agreement, I expected to be jumped all over.<VBG>

Hows Archie?

Al