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

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To: Bazmataz who wrote (23621)6/8/1998 10:49:00 AM
From: SliderOnTheBlack  Read Replies (2) of 95453
 
Best value....TCMS & BDI

Both have been dramatically sold off - now at 52 week lows; now less than 1/3 of prior highs. Dramatic upside potential in retracing to their prior 52 week highs - not many stocks in this sector match this upside.

TCMS per the prior post, is in marine construction. I believe they were sold off due to their ''shallow water/transition zone'' niche; but as the post shows, they are doing deep water fabrication and also do a lot of natural gas pipeline work. A small/micro cap with a great 2-3 year growth phase starting... they've dramatically ramped up earnings capacity. Yet to be discovered/appreciated for what type of business they are actually in.

BDI has a high quality rig fleet and has been buying rigs through this downturn - they obviously will be and have been, tied to crude prices. In my opinon they have they greatest upside due to the % gain in retracing to their prior highs and possessing one of the highest growth rates of all land drillers - the land drillers have to be ''the'' values... throw in MIND due to the sell off on the investor lawsuit.
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