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

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To: SliderOnTheBlack who wrote (30388)10/6/1998 1:43:00 PM
From: MARK BARGER  Read Replies (1) of 95453
 
Slider, if you really liked Varco at 7, you'll LOVE it at 6 3/8!
No shortage of sellers today, even at these prices. I'm not saying it won't be 10+ in a couple of months, but it can't find a bottom today to bounce off of. I nibbled on some at 8 5/8 a week or so ago, thinking it had bottomed, WRONG. Down from 30 to 6 in 4 months!
I will stand aside and let this baby find the bottom, it could be in the 5's.

Mark
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