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

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To: isopatch who wrote (85818)1/31/2001 7:06:13 PM
From: excardog  Read Replies (1) of 95453
 
iso

Forgot your Kona coffee but I owe you one.

There is a definite split on the board regarding the larger cap gassers and forward earnings expectations, as I stated prior to my hiatus my slant is toward the oilier issues and figured when gas rolled over the gas names would follow. APC, LD, and EOG all fell pretty good once NGH plunged.

Since none of us has enough money to fight Wall Street perceptions ( Koll excluded) we might as well follow the leader so to speak and wait until the street decides the waters are safe to jump back in.

Perceptions will change and earnings estimates probably will be raised but until that time rather than watching these stocks correct 30% or more IMO one should jump out of the ocean and wait for the next big wave.

Thought I would throw in the Hawaii references for fun.

Mahalo
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