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: Chuzzlewit who wrote (12325)	2/21/1998 12:53:00 PM
From: waverider	Read Replies (2) of 95453

Upgrades/Downgrades: Paul, granted that analysts are basically useless and companies want to avoid lawsuits, what is your perspective on the current oil service situation? Most of the estimates put our stocks under PEs of 10 (or a bit higher) for forward earnings...very optimistic. And the companies themselves are saying everything is great for 1998. Either we are setting ourselves up for the biggest lawsuit party if things go haywire, or we'll all be ready to retire by the end of '98. What say you? Diamond H

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