Strictly: Drilling and oil-field services Message Board

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

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To: Big Dog who wrote (67302)	5/30/2000 2:31:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

Dain giving someone in exit in NFX LD & EOG imho.... NFX is the single most overvalued E&P from any metric on my watch list... Dain is giving institutional clients an exit here imo - How the hell could anyone pick those "3" as their "fav's" ? I can understand issuing a pound the table buy on NG stocks - but, not those 3. That wreaks to high heaven imho... Dain is good, and of course they can pump NG here with a straight face - the price & fundies are great; but they just pumped the 3 heaviest institutional fav's who are getting tired here - blatantly so ! 2 thumbs down on that one. ...PS - that's a profit taking signal for the sector folks - imho; those are THE 3 "boutique" play among Institutions of Late - especially NFX & LD. Curious to watch to volume on these 3 and where they go the next couple of weeks.

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