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

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To: BigBull who wrote (56678)12/10/1999 2:04:00 PM
From: Ditchdigger  Read Replies (2) of 95453
 
One other thing I think some forget,for instance in EXDS case..88mm shares out(splitting Mon-3rd split this year.),80% owned by institutions,,there really isn't much freely(stock not tightly held) stock out there..Supply and demand..DD (sorry for the OT posts)
I still believe the stocks(techs) with the high prices will thrive,due to the use of stock as currency for financing and acquisitions..obviously this is a case by case basis,,the tech rise,as viewed by the Nas composite rise,is not a good representation of what all techs have done,it is a market cap weighted reading..
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