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

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To: sammaster who wrote (27900)8/17/1998 2:18:00 PM
From: Douglas V. Fant  Read Replies (1) of 95453
 
sammaster, A hazy recollection, but I believe that oil dipped to about $9/bbl during the summer of 1986, but then sprang back up to the $10.50/$11/bbl range and camped there a long time... Also gang note: one brokerage house thinks that the selling on EVI was overdone....

Douglas V. Fant (47 )
From: Platter
Monday, Aug 17 1998 9:54AM ET
Reply # of 50

DLJ says selling in EVI OVERDONE>>>>>>>>"EVI Weatherford (EVI) 19: DLJ lowered Q3 estimate from $0.70 to $0.50, cuts Q4 from $0.75 to $0.48 and FY99 from $2.80 to $2.60. However, firm believes Friday's 4 pt selloff on earnings warning was overdone".

Guys and gals, now is the time to buy the best of these stocks when noone wants them...
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