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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Gameboy who wrote (28107)8/21/1998 11:07:00 AM
From: marc chatman  Read Replies (1) of 95453
 
Actually, you are a bit conservative on that EVI PER. Remember that EVI took an $.80 charge last quarter for the WII takeover, so its trailing PE is more like 8 or 9. Of course, the prospective earnings were just taken down, so trailing earnings are, as they say, history.

You are bold to buy in the face of such negative market sentiment. I hope it works for you. As for me, too many other sectors are coming into buying range, so I'm not looking at putting more money into these dogs.
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