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

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To: dougjn who wrote (3959)11/29/1997 4:27:00 PM
From: Iceberg  Read Replies (1) of 95453
 
>Does anyone have the new Value Line

>Wondering if they remain as rageingly bullish as they were 3 mo. ago

Doug,

I get Value Line's Expanded Edition. The August issue [Edition 11, 22 Aug] listed 21 oil service stocks with a total of 17 stars. The November issue [Edition 11, 21 Nov] listed 21 oil service stocks with a total of 19 stars.

Value Line's stars are categorized as follows: Two stars ** = "Rank highest for Timeliness". One star * = "Rank above average".

In August there were 4 **s and 9 * s. In November there were 4 **s and 11 *s. In other words, Value line has increased their recommendations from August to November.

Since some oil service stocks are approaching, or are even below, August price levels, I would think there are gigantic bargains out there right now.

I don't get Value Line's regular edition. Perhaps someone else can fill us in on that.

Hope this helps.

Ice
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