perpetual, page-3

Fundamentally, nothing wrong with this company, business has high and lows. Chevron CEO just stated in NY to meet the demand of oil and gas 500 billion has to be spend annually in supply side. That is good for MRM type of company. This company has very strong med- and long-term prospective. When a quality company in a long-term strong industry reach its multi-year lowest range in SP, I wonder if this is a good opportunity to enter. Yes, you may argue its SP reflects the earning situation in 6month or a year, but how about longer than 12 months. Are people thinking this company's earning will shrink or gradually diminish over next 5 years. It is really droll.