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Parker Drilling Co. Message Board

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  • manboking manboking Apr 24, 1999 10:52 PM Flag


    The fundamentals that brought the prices of oil
    up 66 percent, are still in place. Selling close to
    book value is hardly the type of stock an investor
    would short, correct..?.
    The "Death Spiral"

    "the Buck-A-Gallon Gas",
    "Santa Claus" and

    "Wally World"
    are all great fantasies of the XX
    century. Years from now in to the new Millenium, our grand
    children will ask us:
    "Grand Dad did gas ever sell at
    a buck a gallon..?"
    We will scratch our heads
    hard and reply.
    "yes sonny boy guess it did..!,
    but can't remenber how long ago it was, all I seem to
    remenber (smiling) was a joke about a "death spiral
    striking PKD".

1.07-0.17(-13.71%)Feb 9 4:02 PMEST