SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mph who wrote (19994)4/22/1998 1:33:00 PM
From: Czechsinthemail  Read Replies (1) of 95453
 
The sector's strength, particularly without much on the oil price front may mean our companies are getting more serious consideration as long-term value plays. If so, we may be able to move up independent of an oil price increase. I'd say the jury is still out on that one, since most of us have had our hearts and wallets broken many times by fade away rallies. We'll have to see whether the recent brokerage support is followed by more buying or by selloffs. The fundamentals of positive earnings reports should continue, so unless oil prices or the overall market drop significantly I'm cautiously optimistic that we may continue strong from here.

As many start to feel anxious about their Internet stocks and look for more down to earth places to invest, the sector may attract more funds.

Baird
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News