Strictly: Drilling and oil-field services Message Board

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

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To: marc chatman who wrote (27209)	8/6/1998 10:52:00 AM
From: SliderOnTheBlack	Read Replies (4) of 95453

Target Prices cont... My point is RIG & FGII have long term contracts for RIG & substantial backlogs for FGII - if we are reaching levels of irrational hysteria - IT IS TIME TO BUY ! ...some of these numbers were not based on any thought - just ''flinging'' a number out for conversational purposes...C'Mon...I'm not saying we can't go lower or that some stocks do not have more exposure to decreased earnings or further sell offs than others - but, if we have degenerated to where now we're just going to throw out numbers to see who can throw out a lower number ...''we'' have bottomed intellectually, even if crude hasn't... They have not quit using or producing Oil....PS crude up .17 cents today.

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