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

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To: Douglas V. Fant who wrote (55066)11/19/1999 2:26:00 PM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
10 Star* Slidacious Pick - OEI 60%+ here; 40% limit @ $8,turn margin full throttle @ $7 if seen...

Load thy ark; OEI off of their recent discoveries, debt reductions and the best offshore portfolio in the bizz (stolen from SGO (VBG) for their size; is THE SCREAMING - POUND THE TABLE BUY here...

I will be a bit more aggressive on the margin personally - at $8; loaded at $8-8 1/16th earlier and hoping it comes back to $8 once again. - will be my #1 holding by a large measure fwiw; on a return to $8.

An anomaly; very leveraged to crude oil; the weakness in nat gas will not affect OEI nearly as much as most E&P's here. Dain Rauscher had an earlier "Crude Oil" leveraged call with OEI as its strongest buy; along with VPI - who has moved nicely here.

NEV - allthough, poorly hedged in crude for a while yet; it the most leveraged name that we've followed here, to crude prices and crude production vs. gas.

Ocean Energy - it's NIKE time Baby !

... just do it ~

PS Peter Lynch and I; "both" couldn't be wrong on the same stock... impossible (VBG).

Bouncer to $11, fair value given crude prices & prospects should be $13-14 here imho - in relation to continued developing story of debt reduction and a production turnaround in Q1-2 2000; analyst targets are $15-$19 here. I see $16+ in 2 qtrs max.

Pappy; I got mo PXD as well... very leveraged for ea $1 increase in commodity prices to NAV. - this is "THE" sleeper imho...
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