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: marc chatman who wrote (19331)	4/16/1998 12:43:00 PM
From: Thean	Read Replies (2) of 95453

Marc, I would consider land drillers as well. Their estimates this quarter had been cut quite severely the last few months and it is easy to meet or beat expectation for them. I have not heard much about their utilization rate so far but one way to research is to do the relative valuation calculation to see which one has the lowest PE and which one has the highest growth rate going forward. Ron's site should be good. Keep an eye on BDI and GW - both relative laggard. PTEN and UTI have name recognition and they tend to trade ahead of others both up and down intraday. In a day like today one has to keep a cool head. Crude is surging and this is good news. There are way too much cheerleadings on this thread and many are only painting great pictures on the stocks they own. Just be careful and do your own research and set your own objective.

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