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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Red Scouser who wrote (270)3/28/1999 12:36:00 PM
From: Night Writer  Read Replies (1) | Respond to of 12662
 
Red,
I'm riding COC for the oil sector. I looked at a few drillers. COHO was one I was looking at. The price dropped like a bullet. A bank loan payment wasn't made on time. Trading was suspended by NASDAC. Decided I didn't know enough about the business to select a good drilling company. I also have to wonder about how good the future can be for these guys. Oil price is going up because of a slow down by producers not demand exceeding supply. But like I said, I don't know the business well enough to judge it.
NW