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: Lazlo Pierce who wrote (12423)	2/22/1998 3:56:00 PM
From: The Perfect Hedge	Read Replies (1) of 95453

Eventually this sector will come back but not till oil stabilizes and we're going to really drop fast and there's not much on the horizon to bring us back up.IMO,this is the beginning of something really bad for this sector. You say someone has to take a stand but that's not true.Watch oil fall to 14 and E&P's cut back and all the sudden we have revisions downward in osx est's. I'm thinkning about a bounce back in a couple of years.GD

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