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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Jack Be Quick who wrote (12235)2/21/1998 11:48:00 AM
From: JHR  Read Replies (1) of 95453
 
JTZ AND JOHN DICKSON re TMAR

I agree whole heartedly with both of you. TMAR is doing great. My only point is the perception right now on anybody in the boat side is negative. I'm seriously thinking of finally getting into it, but I dont think these stocks will do a thing until oil prices recover and then you'll be able to throw darts and make money. I've been long on a bunch of these stocks for two years. Some of the TA folks are bullish now and we may be getting close to buy time, but I think it will be late spring or early summer before they make a move.

Net, the fundamentals look great, but they've looked great for two years and the stocks have gotten hammered in the last 5 months as oil has sunk. Once people are convinced that oil will stay at 17 - 19 or better we should all do well. Again IMHO. Good luck.
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