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Gold/Mining/Energy : Conoco (COC) - The biggest U.S. IPO ever -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (51)2/2/1999 11:28:00 AM
From: Corkyc  Read Replies (1) | Respond to of 123
 
Oil stocks are definitely suffering, and I am afraid it is going to be awhile before you see anything swing up. Oil is cheap and it is good for the world economy hence US government will keep it down. It will take major turmoil and growth to spark it. It will happen, as history has shown, but everyone believes it will be awhile. Which may be the brightest point since experts are usually wrong.

COC is a good company. SLB is another dominant oil stock that will rebound with the price. Accumulate these this year.