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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Redman who wrote (6014)12/23/1997 4:49:00 PM
From: Richard Kerns  Read Replies (1) of 95453
 
I think that really explains it for almost all of these stocks. I don't see how one company will lower day rates while others are raising. Just saw John Bollinger on CNBC, he said that he expects the energy sector to be in a bear market for the next six months to a year. For me, its time to wake up and smell the coffee and get the hell out of this sector till things straighten out, after all this isn't the only industry to make money in.
RK
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