The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (9525)	1/24/1999 1:54:00 PM
From: MARK C.	of 90042

Morning Tim, CELL: held up nicely also, I have also picked up a few Oil Service stocks at the end of last week. Many of these are so low they could rise 25% or more if the markets tank and people start looking for value again. I think one day very soon we will hear a host of analysts saying the oil sector is a buy based solely on valuations. I mean TMAR for example is selling at a PE of 2.8 you could double that and at a PE of 5.6 ($10.125 share price) TMAR is still extremely attractive from a valuation standpoint. Sure I may have to wait for oil prices to rebound to see anything close to it's old highs but I don't think I will have to wait much longer for analysts to start recommending accumulation in this sector. JMHO MarkC.

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