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: Tommaso who wrote (75137)	9/29/2000 6:33:51 PM
From: isopatch	Read Replies (1) of 95453

Tommaso. Thanks. And agree, LOILY's required some patience. Initial buy in the hi 2s and averaged down. Best entry was 2 13/32 in the past couple of days. A lot of foreign O&G stocks don't seem in sync with our patch indices. GRL and EEE have both been like that for reasons of their own. And am sure others who've done more more work with non-US stocks than me could tell a story or three<g>. Do think Tomas gave an excellent run down of LOILY's very attractive fundamentals, on the thread today. And I'd recommend anyone looking for an outstanding value in a foreign sm cap E&P that also offers big growth potential via the drill bit ought to take a serious look at it. Don't need to tell you, but a lot of folks don't realize that low volume basically "comes with the territory" with many sm cap patch stocks. But have seen that change in a hurry when they begin to get noticed on the radar screens of the sm cap mutual fund managers<G>. Isopatch

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