Coflexip ADR CXIPY Flexible Drilling Pipe Message Board

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Gold/Mining/Energy : Coflexip ADR CXIPY Flexible Drilling Pipe

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To: Mel Spivak who wrote (93)	10/12/1998 1:39:00 AM
From: RGinPG	Read Replies (1) of 110

CXIPY is at the top of my buy list for today. I believe it is time now to get back into the sector, and CXIPY appears to be among the strongest in many areas. #1) Their stock price has held up among the best in the last few months (assumes "the market" knows which stock is the best) osxstocks.com #2) They have among the best earnings growth numbers of all the stocks in the sector osxstocks.com #3) Their earnings estimates have held up among the best in the sector osxstocks.com #4) Their gross margins continue to improve osxstocks.com #5) The daily stochastics trading system suggests the short term downcycle is over, and it is time for a rally in the sector osxstocks.com For similar reasons, I'm also looking at RIG, FGII, ATW, DO, and EVI. VRC and GLBL also look good, but I'm concerned that they are suffering with new lows.

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