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

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To: RGinPG who wrote (30544)10/9/1998 4:43:00 PM
From: upanddown  Read Replies (3) of 95453
 
VTS is certainly a hard one to understand. Got crushed both today and yesterday while it was one of the sector's strongest a couple of weeks ago. Particularly odd that it did not participate in today's rally without any negative news. Value numbers are extremely compelling, PE around 4 with growth projected at 23%. I decided to go with near in-the-money calls at least 4 months out. Got some Feb 12.5's for less than 2 bucks today. Less risk, more upside, (I hope).
Also got some calls for VRC, the Mar 7.5's for 1 3/8. I can't seem to resist the biggest losers among this collection of losers. Somebody stop me ! <ggg>.

John
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