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Dallas the TV series
Dallas - The Original Series
Questions for a Texan
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<blockquote data-quote="Lastkidpicked" data-source="post: 79973" data-attributes="member: 237"><p>Very good point as usual, <strong>Kenny Coyote.</strong></p><p><strong></strong></p><p>You are referring to an independent oil company, which is privately owned, verses a stock company, which is publicly traded. And you are exactly right when you say that Ewing Oil was the biggest independent (privately held) oil company in Texas.</p><p></p><p>And you are right that Westar was a publicly traded company, so not an independent, privately held oil company.</p><p></p><p>So... how can we both be right?</p><p></p><p>Because you are looking at publicly traded companies versus stock companies. And today, with E-trade and 401Ks and stock market tickers running along the bottom of newsasts, you are probably right to seperate them that way.</p><p></p><p>Back in the 1970's, the time leading up to <em>Dallas</em>, we used to separate companies by the "Seven Sisters" verses the rest of the world, the Independents. After <strong>Seaviewer</strong> questioned why Jeremy Wendell was so specific that Westar was the eight largest oil company, I took it to mean that Westar was the largest oil company outside of the Seven Sisters.</p><p></p><p>So I was thinking along the lines of Independents VS the Seven Sisters. You are thinking along the lines of Independents (privately held) VS stock (privately held) corporations. And we are both right, we are just pivoting off different terms.</p><p></p><p>To put a finer point on it:</p><p></p><p>Westar was the largest oil company outside of the Seven Sisters, and Westar was a publicly traded company.</p><p></p><p>Ewing Oil was the largest privately held oil company.</p><p></p><p>So we can both buy each other a steak, once we dry out down here.</p><p></p><p>And I really appreciate the back and forth with you smart people who notice the details. Makes me watch the series much more closely.</p></blockquote><p></p>
[QUOTE="Lastkidpicked, post: 79973, member: 237"] Very good point as usual, [B]Kenny Coyote. [/B] You are referring to an independent oil company, which is privately owned, verses a stock company, which is publicly traded. And you are exactly right when you say that Ewing Oil was the biggest independent (privately held) oil company in Texas. And you are right that Westar was a publicly traded company, so not an independent, privately held oil company. So... how can we both be right? Because you are looking at publicly traded companies versus stock companies. And today, with E-trade and 401Ks and stock market tickers running along the bottom of newsasts, you are probably right to seperate them that way. Back in the 1970's, the time leading up to [I]Dallas[/I], we used to separate companies by the "Seven Sisters" verses the rest of the world, the Independents. After [B]Seaviewer[/B] questioned why Jeremy Wendell was so specific that Westar was the eight largest oil company, I took it to mean that Westar was the largest oil company outside of the Seven Sisters. So I was thinking along the lines of Independents VS the Seven Sisters. You are thinking along the lines of Independents (privately held) VS stock (privately held) corporations. And we are both right, we are just pivoting off different terms. To put a finer point on it: Westar was the largest oil company outside of the Seven Sisters, and Westar was a publicly traded company. Ewing Oil was the largest privately held oil company. So we can both buy each other a steak, once we dry out down here. And I really appreciate the back and forth with you smart people who notice the details. Makes me watch the series much more closely. [/QUOTE]
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Dallas the TV series
Dallas - The Original Series
Questions for a Texan
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