Strictly: Drilling and oil-field services Message Board

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

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To: double-plus-good who wrote (48075)	7/16/1999 10:25:00 AM
From: Fun-da-Mental#1	Read Replies (2) of 95453

++good, Carlson lists the latest news at the top, and then down the page there's a link to "Sedar downloadable documents" which give the whole financial history. I looked up EEE there and I wasn't crazy about it. The stock started going down in May when their 1998 and Q1-99 reports came out. They made 19 cents/share in 97 (just enough to justify current share price), 2 cents in 98, and 1 cent in Q1-99. Now compare that to AXL which made 9 cents in Q1-99, 10 cents the quarter before, etc etc. But what do I know, I just bought Tesco at the peak. With a big run-up on no news, I thought something great was coming, and then what do we get - another loss! A few people have commented that the laggards are now catching up to the leaders. It seems to me there's some correllation with size, i.e. the biggest companies didn't go down so much in the first place, the next rank dropped but then bounced back fast, and the smaller ones are only coming back now. Fun-da-Mental

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