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

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To: marc chatman who wrote (14595)3/12/1998 1:25:00 PM
From: Czechsinthemail  Read Replies (1) of 95453
 
marc,
I agree about RIG's strength. Generally it seems to be trading on lower volumes. That suggests to me that funds are hanging on while selling other drillers. I think it makes sense given RIG's combination of high growth and high predictability given the uncertainties of oil prices. Other drillers that have sold off more may offer better bargains at the moment, but I think RIG is a great one to buy and sack away. I keep looking for some meaningful dips to buy more, but so far they haven't been happening.
Baird
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