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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SargeK who wrote (39102)3/6/1999 1:53:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
Yeah, if you look at the charts for those guys, it is clear that earnings reductions are CLEARLY factored in. They are one half to one third of what they were just about anytime last year.

What one should be asking is "why have major earnings reductions been factored into these companies when there is NO evidence of earnings reductions and, in fact, earnings are increasing?"
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