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

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To: Ken Robbins who wrote (19394)4/16/1998 6:17:00 PM
From: Chas  Read Replies (1) of 95453
 
Yes, Orlando of Value Line was very positive on the oil service cos. He said it several times. Even said people should sell their big integrated oil holdings and buy oil service. Said our stocks were selling at 50% discount to the market.

I thought we would be up today for sure, with good earnings and oil up. Was a big disappointment. At one point my FGII April 35's were 1 1/4 in the money, but I was in a labor negotiation and missed out. It closed right at the money.

This sector would try the patience of a saint.

Good luck, Chas
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