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: johny who wrote (12541)	2/23/1998 10:33:00 AM
From: pz	Read Replies (3) of 95453

johny, I happen to agree with you. As far as I can tell all the bad news is now out on this sector. The bottom is really close if not right here. When things look their worst then the bottom is usually close. Look at the high tech sector, when there is blood in the streets then it was time to buy. It sure seems like the oil sector is seeing it's fair share of blood and I know I've given my fair share. I will be a buyer of GLM today, due to the fact that they have long term contracts and earnings should be in the bag for the next couple of quarters. Regards, Paul

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