Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: PuddleGlum who wrote (89)	11/29/1998 11:58:00 PM
From: The Ox	of 318

I have done the same. I no longer hold any Oil and Gas stocks. I believe there will be an opportunity in the future (say 5 to 10 months) were things will look so bad, that it will be time to nibble. I don't think the current market environment for these stocks completely reflect the dismal fundamentals (in other words, the low crude prices and the strong possibility that crude will continue to head lower). If oil prices level off or reverse up, I will restart my DD on this sector. Best regards, Michael

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