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

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To: Douglas V. Fant who wrote (35636)1/22/1999 10:19:00 PM
From: dealmakr   Read Replies (2) of 95453
 
Doug,

I do agree with your fundamental assessment of WFT. The only thing that precludes me from taking a position as compared to trading is the uncertainy of the near term. I would take a good position if the stock either dropped again to around $17 or broke out of the current trading range with confirmation of improving conditions in the sector. Until then will continue to trade as I would rather pay more with improving sustainable fundamentals or cherry pick the bottoms.

Good Trading

Dave
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