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

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To: Big Dog who wrote (30834)10/19/1998 9:18:00 AM
From: SJS  Read Replies (1) of 95453
 
Of course we do. Does this excite anyone?
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09:06 ET Oilfield Service Stocks: According to DLJ, group rallied 20% last week amid optimism that the world will not slip into recession. Although DLJ believes comments from companies coming out of Q3 were generally negative near-term, firm feels their troubles are already reflected in their stock prices.

Does not believe long-term upside is reflected. DLJ's favorite sequential earnings recovery stocks are Halliburton (HAL) and Baker Hughes (S).
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