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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Czechsinthemail who wrote (23396)6/4/1998 10:21:00 AM
From: marc chatman  Read Replies (2) of 95453
 
Baird, I don't disagree that drillers should benefit more (or maybe sooner) than fabs and equipment guys, but, by the same token, equipment guys should have fared better than drillers during the fall in oil prices over the past month. I don't think they did. I think these stocks continue to move up and down in tandem (with crude), without much regard to their fundamental distinctions -- at least short term.
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