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

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To: SargeK who wrote (38550)3/1/1999 9:24:00 AM
From: Gary Burton  Read Replies (3) of 95453
 
Sarge--not to rain on your GIFI parade (I know little about it), but there are plenty of osx stocks that now trade at or below book value. VTS for eg is about 1/3 below it with an excellent balance sheet. GIFI may well be an excellent investment but its relationship to its book is now almost a condition precedent to get me to to look seriously at an osx issue, rather that a 'holy cow, it's at book must be a steal' type of thing. regards
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