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

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To: Harold S. who wrote (32555)12/7/1998 2:59:00 PM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
Harold; re: HLX...

Had their credit rating downgraded today - with many other companies that are up however... Patience; they need to announce a contract or two. This is a classic value stock - be patient; it may rebound slower than the drillers. Price to sales is .25 !!! It will be worth the wait.

HLX and some of the boats HMAR TDW GMRK may be the laggards here; I may buy some HMAR (highly leveraged) & GMRK (good market niche-Intnl) if we get a run up here again...

Hmmmm; DLJ has FLC as their #1 pick. FLC has the very realistic ''capacity'' to earn $4.00 per share with their newbuilds coming online and CDG acquisition with $16-18+ crude in 18-24 mos.

$4.00 X PE of 18 = $72 potentially in an ''up'' enviroment. Leverage kills your shareprice in bad times, but if the tide turns; FLC has as much EPS upside as anyone. This is a Home Run stock potentially.

So many stocks ..so little money...

Like RIG RON WFT FLC VRC GLBL FGI VTS the best fwiw.
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