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

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To: Lazlo Pierce who wrote (16925)3/27/1998 8:27:00 PM
From: Lazlo Pierce  Read Replies (3) of 95453
 
A little Cramer negativity in the sector from an abc.com chat today
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Tom Reich from [207.7.41.77] at 5:16pm ET
Jim, Short the drillers?
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James Cramer at 5:17pm ET
I think that oil is coming back down. I dont believe opec has any discipline. I think these stocks aren't that good anymore. But they have declined too much to short them

cvh from dallas-10.tx.dial-access.att.net at 5:18pm ET
you mentioned earlier, that you're not interested in targets...so your approach is make money, regardless of time frame.? and what would make you warm up to oil?
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James Cramer at 5:19pm ET
I like stocks with catalysts. I like stocks that have higher earnings ahead. Oil-related doesn't have either right now
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Rick B. from ppp144.webzone.net at 5:19pm ET
Why isn't Global Marine higher? Great growth, always a need for what they do, even when oil prices are low.
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James Cramer at 5:20pm ET
Oh please, you are so obviously long it is painful. In my lifetime Global has gone under twice. AInt you ever heard of history, bub??

Dave
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