Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (33263)	12/21/1998 1:41:00 PM
From: The Ox	Read Replies (3) of 95453

Hi Slider, Just got back from Europe where the consensus seems to be that the oil sector and oil prices won't rebound for at least a few months, March 99 at the earliest. I think this thread should take a good look at a few companies that are currently priced very similarly. We should do some number crunching (which I will start tonight) and see if we can't collectively find the best of the bunch. TDW, SII, RON, RIG and DO are all trading within a dollar or 2 of each other. Each has it's strengths and weaknesses. With them all trading around 22 to 24/share, it seems that an evaluation should be in order. I personally don't think we will see a 20% rebound within a month. I think this is a very lofty expectation. Michael

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