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Strategies & Market Trends : Fidelity Select Sector funds

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To: Russ Motter who wrote (2935)	9/23/2000 11:17:56 AM
From: seminole	Read Replies (1) of 4916

Russ The oil service sector is volatile. I have owned FSESX for two years and will continue to hold it long term. biz.yahoo.com At this stage in the cycle, oil-drilling stocks would be a good choice, Horoschak said. As prices come down, earnings of gasoline retailers like Exxon Mobil (XOM: news, msgs) will be pinched, but drillers will continue to draw business as it's profitable to drill for oil -- which is possible at OPEC's targeted price range. cbs.marketwatch.com

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