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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (64987)4/19/2000 2:58:00 PM
From: Think4Yourself  Read Replies (4) of 95453
 
So then you're saying that the drillers are NOT up 30-50% from earlier this year??? Interesting logic.

EnP's have earnings, drillers don't (for now). EnP's are flush with cash, drillers aren't. EnP's are paying down debt, drillers aren't. EnP's are buying back their stock, drillers aren't. EnP's will have great quarters again in July, Drillers will still be saying "it's getting better BUT..."

Go ahead, buy the drillers. I have had 4 down days in 6 weeks in the EnP's, and one was caused by KEG. I'm staying where I am.
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