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

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To: John Doyle who wrote (53736)10/29/1999 11:31:00 AM
From: oilbabe  Read Replies (1) of 95453
 
John: I think one reason for the weakness is that, as the big caps fall, there are more "safe" investments in the patch. If you can buy HAL and SII with a good 30% near term return, why risk your $$ on a smaller riskier stock. At least that's how I'm playing it. FLC down here is a lot safer than RRC down here. The smaller guys will follow the generals back up.
TMR now in positive territory fwiw...up 1/8.
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