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

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To: gmccon who wrote (31195)10/27/1998 6:39:00 PM
From: Gameboy  Read Replies (4) of 95453
 
gmccon, thank Ditchdigger for pulling the plug on TMAR. It would serve him right if TMAR blows away the First Call estimate of .18 and the Zack's estimate of .26 tomorrow morning and moves back above 9 before he can buy back in - of course, Ditchdigger isn't greedy, so he wouldn't care. (It was a smooth move, Ditchdigger, lady luck was on your side; my strategy is more to buy and hold through pain or gain - the longer term plan).

MRL earnings surprised me. In fact, a lot of the companies in this sector are making a lot more money than I had imagined. From the way these stocks are priced and to hear TV commentator's talk about them, you'd think they were all about ready to go out of business. To paraphrase Mark Twain, the accounts of the oil service sector's demise have been greatly exaggerated.

Best of luck,

Steve
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