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

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To: Jeffrey Beckman who wrote (3016)11/17/1997 1:14:00 PM
From: Redman  Read Replies (2) of 95453
 
I never sell in a down market, meaning depressed prices, but I am slowly losing faith in MAVK and GIFI. Most all of the other oil service stocks I follow are up over a point and these two seem to be trying to drift down, and oh by the way the market is only up 145 while they are trying to decline. Does anybody have any comments as to these two stocks. I realize they have the potential to make powerful moves very quickly. I am also curious as to the outlook of the oil service stocks in general. I think they will continue to make a lot more money quarter over quarter, but the stock prices seem to be positioning to move sideways for a while.

Any comments are appreciated.

red
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