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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)
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To: Elmer Flugum who wrote (1177)2/10/1999 7:41:00 AM
From: gizelle otero  Read Replies (2) of 2282
 
Neither the Nightly Business Report spot or the last article mentioned GLM. Both mentioned DO and RIG.

... That's interesting, since GLM has a LOWER P/E and stock price than the two stocks selected by both of yesterday's media mavens of the oil service industry.

Just for fun, I looked at Value Line's estimates for all three stocks out to 2001. Global Marine was expected to rise 150-200% more than either Diamond Offshore or Transocean Engineering.

Are investors being misled, or are the analysts keeping the best stock for themselves? Time will tell.

If there is a upturn in the oil patch, every stock will be a big winner. Which horse will cross the finish line first is the real question.
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