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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Aggie who wrote (84840)1/20/2001 4:54:57 PM
From: isopatch   of 95453
 
Aggie. Also could be this:

1. Long term (2-3 year outlook) our stock is undervalued so let's use cash as currency in the take over.

2. Intermediate term (1-6 months outlook) economy is going down like a stone, NG prices could decline for a few months AND our consulting economist just told me most times the Fed's done a series of interest rate cuts OS stocks have done lousy for months.

Why not play it safe and bail on 10-15% of my half million shares. Heck it's up a bunch in 2 yrs. Maybe this is a good time to do some serious lightening up.

"Damn that's most I've sold of the critter since 1997."(g)

Iso
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