Pride Petroleum Services (PDE) Message Board

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Gold/Mining/Energy : Pride Petroleum Services (PDE)

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To: Bill Zeman who wrote (375)	2/26/1999 1:54:00 AM
From: DEER HUNTER	Read Replies (1) of 454

good morning Bill....well at least someone responded to the post. Hummm.....clearly the entire oil sector has been feeling as if the 'sword of Damocles' is hanging over its head. Oil prices are at what.....10...12 year lows. If the Opec members as well as all producers don't get their act together soon then everyone will be in a pile of doo. Negativity is rampant.....though I believe it will be a slow painful process back to health I am not of the opinion that the end of the world is near as we knew it. As for this stock....I'm in just recently at 5 1/4. Actually...I did not look at this sector for a very long time. I just think it's about time for some kind of reflex rally. Once that occurs I'll reappraise the situation. Good luck to you. DH

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