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

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To: RGinPG who wrote (30400)10/6/1998 1:05:00 PM
From: upanddown  Read Replies (2) of 95453
 
Good point, Ron. By the time lowered estimates are made public, clients, insiders and the analyst's firm are long gone. The public release is hardly to help the individual investor...it is to propel the stock further downward. Then before the inevitable raised estimates and upgrade, the insiders are in and the public misses most of the move.

Question in the OS sector is whether we are really looking at 5-10 PE stocks with high future growth. If we could count on that, a buy and hold strategy would work great. The stock prices are telling me that we can't count on that.

John
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