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Strategies & Market Trends : Breakout picks...BEFORE they Breakout!!

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To: ciVic who wrote (684)3/8/2000 8:04:00 PM
From: Mel Spivak  Read Replies (2) of 1110
 
CXIPY about to break out: It is an oil services (deep water
rig to ocean floor piping) co.

News after the bell: Mar 8 CXIPY BP Amoco Awards Significant Project to Coflexip Stena Offshore in Norway - PR Newswire

It has a PE of 20 and a recent series of news of new contracts for their services (& more to come in this era of VERY valuable oil under the depths of the seas finance.yahoo.com

A chart that has just begun to break out charts2.barchart.com

A technical opinion that is 100% "Buy"! quotes.barchart.com

IMO the best "risk/reward" play (that I could find, anyway).

I have been following CXIPY a long time. Mel
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