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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (4920)12/23/1998 9:47:00 PM
From: Berney  Read Replies (2) of 11051
 
MG, Nice Call

The oils definitely acted like they found a bottom.

BTW, The most interesting in the group was BHI. It has a lousy fundamental score, and didn't impress me much as a company. But, last month all 10 of the top ten mutual funds that own the stock were buying and buying big; to the tune of 6.5% of the outstanding shares.

It seems to me that you could pick one of each category (driller, equipment, services and/or transport) and you could do just as well as a mutual fund. What really impressed me was the 52 week high on the stocks. You got to figure that even if it took them three or four years to see those highs again, you had a really good rate of return.

To DJ, phone is the same.

Berney
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