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Strategies & Market Trends : Contrarian Investing
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To: gcrispin who wrote (180)9/16/2006 5:35:13 PM
From: jsabelko  Read Replies (2) of 4080
 
gcrispin

Hi, thanks for the comments. Just posted to get some feedback and suggest others take a look. Agreed they warned and the key is the reduced spending due to the wars. Companies aren't this cheap for nothing. Key to me is is this temporary and how long. Also they are not forecasting a disastrous next couple quarters, still profitable. IF this ends up being true the stock is undervalued here in my opinion, but I'll likely wait until quarter is out before deciding what to do as I'd like to hear a more thorough explanation and no sense tying up too much money early. I definitely will be watching this one though.

Have any stocks you're watching or buying at the moment that you care to share. I agree with you on pten and whole oil service industry in general as its starting to look very attractive. Can you have a look at udrl for me and tell me you think? Also I don't see UNT on the list of drillers you're watching. Any reason?

thanks,
joby
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