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Gold/Mining/Energy : Weatherford International (WFT)

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To: Douglas V. Fant who wrote (75)	10/12/1998 1:59:00 AM
From: RGinPG	Read Replies (1) of 142

EVI-WFT is high on my buy list for today. I believe it is time now to get back into the sector, and EVI appears to be among the strongest in many areas. #1) Their stock price has held up among the best in the last few months (assumes "the market" knows which stock is the best) osxstocks.com #2) Their earnings growth numbers are not bad osxstocks.com #3) Their earnings estimates have not held up all that well however. osxstocks.com #4) But their gross margins continue to improve osxstocks.com #5) The daily stochastics trading system suggests the short term downcycle is over, and it is time for a rally in the sector osxstocks.com For similar reasons, I'm also looking at RIG, FGII, ATW, DO, and CXIPY. VRC and GLBL also look good, but I'm concerned that they are suffering with new lows.

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