Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Douglas V. Fant who wrote (32470)	12/4/1998 11:27:00 PM
From: SliderOnTheBlack	Read Replies (4) of 95453

3rd time a charm ? Hopefully this 3rd run will be the one that sticks. I agree that the conservative play is the big 3 - SLB HAL BHI; but I actually like what I refer to as the ''top tier'' companies as they offer much more ''bang for the buck'' return on investment-wise. RIG/DO WFT RON are the 1st tier imho. 2nd tier I'd place VRC GLBL VTS FGI. Equally on the 2nd tier are the ''niche'' stocks that actually over time (5 year holds) may be the best plays in the OS sector. I like CXIPY SCSWF CDIS CLB here as deepwater/high tech plays. On the next level are some highly leveraged companies that are very oversold like FLC KEG & HMAR. Also very high return potential are the small/mid-caps like GIFI NOI IIR and the shallow water & land drillers NE MRL PTEN UTI... hard to go wrong all most anywhere in the 'patch currently. I think we will benefit once again from sector rotation as some profit taking is occurring in the overall market. The Fund Managers have done most of their selling ; December may see the individual investor and some value funds moving the sector up; but the Mo-Mo move will happen in January imho; as the Funds return bigtime... Hopefully the Venezeulan elections will give us leadership willing to adhere to, or go along with further cuts. OPEC may just have a little surprise left. Quickest out of the blocks; imho will be RON with the big stock buyback; @ $22 - I want to cry... wishing I was entering this sector fresh & flush...How the hell can everyone hold these Blue Chips with 5-8% eps growth in a best case scenario @ PE's of 30-40-50 ??? C'Mon World - Rotate allready !!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next