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Strategies & Market Trends : Strictly: Drilling II
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To: TheBusDriver who wrote (9650)3/20/2002 12:10:50 PM
From: russwinter  Read Replies (3) of 36161
 
Wayne and others, on SJD: do yourself a big favor, don't go there. I think GNG in the low 40's will prove to be a great entry point.

On question about PCX and CED: they could trade to 40 in the time frame you mention. PCX in particular is a exceptional company. There might be better leverage in MRO if you are looking at larger companies, and a fair chance for a buyout. The best leverage will now be in the juniors like PEL and DXI.
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