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Gold/Mining/Energy : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?


To: andy harrison who wrote (783)4/30/1999 9:27:00 AM
From: SnakeInATuxedo  Read Replies (1) | Respond to of 4686
 
They're trying to compete with Business Week and what better way to do so than by being a better contrary indicator?



To: andy harrison who wrote (783)4/30/1999 11:50:00 AM
From: Edwin S. Fujinaka  Respond to of 4686
 
I don't believe that the spot price for oil is going to have a lot of impact on the price of CCO stock. It may tie up all of the offshore drilling rigs eventually and that will make it more expensive to drill <G>. I suppose when the accountants are calculating the cost of not drilling for the "tens of billions" of barrels of oil it'll be nice if they don't have to use a lowball number <G>.