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Strategies & Market Trends : Wanted: Long-Term "Strong Buy" Recommendations

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To: Marco Polo who wrote (21)11/15/1996 11:28:00 PM
From: pz   of 54
 
Ben,

I'm a geologist with a small independent oil company and our earnings off of our oil & gas sales are up over 40% over last year and that is without any increase in production. Just wait and see what the earnings of the majors are going to be in this next quarter. You are right that oil is a very volatile business, but short term that's where the money is. As far as the long term is concerned, I certainly wouldn't bet against the oil companies. They are probably a little pricey now, but they are a tremendous long term investment.

Paul
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