Strictly: Drilling and oil-field services Message Board

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

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To: Douglas V. Fant who wrote (43770)	5/3/1999 2:05:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

OEI - UPR ..... in the ''correct'' subsector ! Sold most of my UPR position - love it longterm and will re-build position on dips here. Bought OEI back on retracement last week and remember - Fadel Gheit - top analyst last year in Oilpatch portfolio returns - said SGO was the single most undervalued company in the entire energy world - OEI owns them now and OEI had the huge Deepwater plays... both UPR & OEI excellent choices ! They will have some blips & bumps - but parking cash there verus MRL - or ESV, HAL SII CAM et al -- at these prices - a no brainer... PS - isn't anyone worried that Cheyrl Strraus Einhorn is getting euphoric.... hmmm ? ...speculative bubble is being acknowledged in crude prices - openly spoken about - no shorts left; and no one is questing this ? Go Gas - no OPEC to worry about - the ULTIMATE no brainer of the decade ! Why accept the risk of all of this New World Order/OPEC - Futures Trading mumbo -jumbo ? Who cares what utilization, dayrates are ? - own the leveraged Nat Gas E&P's and sleep like a baby... Gas gas gas gas gas gas gas gas gas gas gas gas gas ! ...get the point !?!

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