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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: chowder who wrote (27402)11/24/2003 6:23:23 PM
From: quehubo  Read Replies (1) of 206338
 
OSX generally considers future earnings expectations over past earnings.

BHI BJS HAL SLB WFT SII CAM are trading at 20 times 2004 EPS. So either earnings expectations drop further or these prices go up towards 25 times 2004 earnings.

NBR PTEN PDS are trading at 18 times 2004 EPS. So the same point applies here.

OIH and OSX are so skewed because the OSX performance is so limited to land drilling with offshore work so weak.

Dabum what do you think of the charts for PTEN & NBR. Where should I get real worried?
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