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Strategies & Market Trends : APMP (formerly APM)

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To: Richard Haugland who wrote (10989)	5/2/1998 1:34:00 PM
From: marc chatman	Read Replies (2) of 13456

Dick, great pick on PDS. A close friend of mine mentioned two or three months ago that he was watching the stock. I thought nothing of it until I visited him last weekend, and he told me why he was watching it. A mutual friend of ours from college, and currently a business partner of his, used to be with Simmons and Company, big time oil industry analysts. That friend told him to buy PDS with both hands, I think at 16 or 17. My friend screwed up and didn't buy. I didn't buy. I'm glad you did, at least. I saw that hammer candlestick a few days ago and thought 24 might be a good buy-in price. But then PTEN missed and made a few disappointing comments, and there was some question yesterday as to whether UTI made or missed. I figured I'd wait for the dust to clear before reassessing the land drillers. I did, and oil spiked up, and now the stocks are more expensive. But I think I made the right decision to wait. Oil prices on the web. Try these for futures. I know there are more. bloomberg.com cbs.marketwatch.com And for something really neat which I just found, tick by tick: fast.quote.com

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