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

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To: SliderOnTheBlack who wrote (52973)10/14/1999 11:03:00 AM
From: Think4Yourself  Read Replies (1) of 95453
 
I would much rather own a company that is selling unhedged production in a market of rising prices and strong fundamentals. Yes, company's that hedged NG at $2.40 and oil at $16.50 should report good earnings. I would rather own a company that was selling NG at $2.80 and oil at $20 during the same period, especially if I can get that company cheaply. TA is good for short term trading, but Fundamentals almost always win out in the long run.

The problem here is that many of the analysts in this industry are clueless and don't realize the obvious. It will take earnings to wake them up to reality.
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