Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: VLAD who wrote (38416)	2/26/1999 5:38:00 PM
From: dfloydr	Read Replies (1) \| Respond to of 95453

Hi VLAD: You might ask your tormentor .... what will happen to airlines? After you cut through all the details, airlines are nothing more than huge piles of borrowed money burning up vast quantities of oil for very narrow margins. It is a wonderful industry to get into if you see rates headed south or oil prices headed south. We already have an updrift in interest rates. Which way will fuel prices be moving in the year ahead? If both go up together, these two factors could hurt any airline around.

To: VLAD who wrote (38416)	2/26/1999 5:50:00 PM
From: The Ox	Respond to of 95453

Hi VLAD, What a difference a day makes! Our FLC didn't perform very well, that's for sure! Not to worry, IMO. We are still early to the party. It allows us to get a good seat for up coming festivities. The only question is, when will the band show up? As we know, musicians can be fickle at times......enough of this party analogy. There are other factors involved in AOL's share price and simply pointing to EPS does not do the company justice, IMO. That's not to say that the stock isn't excessively priced, it's just that I wouldn't lock AOL into the traditional valuation mold. Sliders last few posts have been terrific. I hope he sticks to this method of posting as we can all benefit from it. Nice work, SOTB. Big Dog's latest newsletter highlighted a number of issues discussed by Slider. Big Dog, as always, great job on the newsletter! With respect to FLC, we should look at today's information and carefully examine the data. One opinion was that FLC should be able to generate about 90 million in cash flow. FLC stated that they could generate about 200 million by liquidating certain assets, if necessary. That still leaves at least 300-400 million needed to fund their on going projects. That's still a large chunk of change, but not as dramatic as the 700 million number that gets tossed around by the media. Anyone see it differently? We saw oil prices drop about 3% today which put the breaks on the one day rally and I believe this was the cause of RIG's action today. We also could be experiencing window dressing by the MFs. They may not want to show too many OS stocks on the books for monthly review. BTW, I think we should do something on this thread that hasn't been done in a very long time. It will give everyone an opportunity, short or long, to have a chance to show their stuff. We should conduct a CONTEST, like the old days on SD. Each should pick 2 stock for next week, long or short, and who ever has the highest % gain at the close of next Friday's action can have some bragging rights. We can also give the winner a free subscription to Big Dog's newsletter! Anyone want to play? If so, simply start your post with "CONTEST" and your selections - you must state if you are long or short on each issue. The stocks must be Oil Services or E+P companies. OK? Michael