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Gold/Mining/Energy : MOB - Mobil Oil
MOB 5.980-2.3%Dec 30 3:59 PM EST

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To: opalapril who wrote ()11/29/1998 8:39:00 AM
From: lazarre  Read Replies (2) of 45
 
Know very little about oil but do like stocks/sectors that are out of favor and these guys along with the drillers/services fit the bill. I suspect, though, that the XON/MOB deal ain't gonna through for any number of reasons.

BUT now the whole sector is in play and will be during this whole inevitible process of maybe yes, maybe no. Looking at the second tier seems to be the way to go: P, Pennzoil, SUN, Kerr M. etc.

Some of these other guys sport leaner PEs as well. Any comments?

L
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