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

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To: 007 who wrote (21582)5/6/1998 4:24:00 PM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
007 ; shaken not stirred I presume ...

Thanks for the info on HMAR CC. I am finding that I should stick with my initial reactions and reasons for buying a stock in the first place. I tend to over analyze and look at alternatives too often. I was beginning to doubt myself and this sector after TDW falling ... IMHO just a matter of times & the shorts must cover or perish from the face of the earth, deep, deep below the sea in the wake of a Tidewater Tanker ...

In my initial review of the oil driller and service sector I bought a couple of small/micro caps TCMS & OMNI and immediately liked the Boat/Fab stocks the best. TDW, HMAR and HLX all seemed like terriffic bargains PE wise, were growing earnings and top line and they were way off prior 52 week highs. Using an initial criteria of low PE's, 25% + growth rates and selling for close to 1/2 of prior highs; the Boat/Fab area looked the best to me, with land drillers like UTI & PKD 2nd ... classic value plays.

TCMS is like finding buried treasure IMHO ... why hasn't the world discovered this stock ?
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