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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (4543)12/6/1997 3:13:00 AM
From: Theodore Stullich  Read Replies (1) of 95453
 
Thean ... In your post to Heyward on Nov 19 (#3254)

You had a pretty neat table that was helpful to me. Would you please run the numbers again, updating them and including a few more companies like in the energy services end of it (e.g. VRC, TDW, HAL, SLB, etc.)?

Also could you explain what you meant in your observation #4 re "coherent valuation/perceived valuation"?

It seems obvious that a rising/falling tide raises/sinks all ships with the drillers. Nevertheless, shouldn't we be focusing more on selectivity, weeding out some of the weaker speculations? How can we best do that?

Thank you.
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