Strictly: Drilling and oil-field services Message Board

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

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To: debra vogt who wrote (9976)	1/28/1998 12:46:00 PM
From: RGinPG	Read Replies (1) of 95453

I'm just saying this may be a good opportunity to buy in to weakness. There are no sure things. I already own FLC so I'm not adding any today, it is not showing weakness. VRC is showing weakness but unfortunately I don't yet know the fundementals on this one and how it compares to the others in the group as far as earnings growth and projected PE's. If the fundamentals are sound, I would buy into weakness. I've done it with others today. If you are looking more in the long term (mths to years), you can't miss by buying today unless earnings estimates turn out to be completely bogus. I think the biggest mistake I can make right now is not being fully invested as this thing turns around. I completely agree with someone who said earlier (I can't remember who), this sector represents the investment opportunity of a lifetime. DISCAIMER: But everone's investment situation is different, please make your own decisions.

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