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

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To: Frank Pembleton who wrote (92460)7/18/2001 7:36:35 AM
From: Cogito Ergo Sum  Read Replies (3) of 95453
 
"It's clear the market believes the momentum is going to continue lower, but fundamentally the companies are still making excellent earnings and are financially very strong. Ultimately, we think there will be better support for the sector once the
momentum turns," said Andrew Hogg, oil and gas analyst at Yorkton Securities.


So what is he saying ? Things will pick up next cycle ? :o)
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