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: shust who wrote (30423)	10/6/1998 7:29:00 PM
From: dealmakr	Read Replies (1) of 95453

shust, ESV is my favorite stock for trading in the patch right now. I will long this one hopefully at the right time for some good future gains. Valuation models get seriously out of whack when the funds sell, it don't matter. Book value near trading price and cash in the bank make me like the risk to rewards in holding positions and this one is a plus. Over the last few days except today, you could see the funds dump at 1545, today no dump. When the funds get done with their carnage, maybe the sector starts to bottom with value players coming in. Will not try and pick the bottom, but will not be too worried about taking ESV home at night. Good Trading Dave PS: Would like to hear your buds thoughts on the companies valuation from an insiders perspective.

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