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

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To: Think4Yourself who wrote (44421)5/10/1999 2:27:00 PM
From: tdl4138  Read Replies (1) of 95453
 
<CRZO>

I'm not trying to be sarcastic....but at $1.35 a share....how can you be worried about getting "killed"? They have cash in the bank and a book value more than twice their selling price...

If this stock got killed it would be because "crude" turned around and visited the lows we just left....and in that case...liquidity wouldn't make any diference on any of these stocks.

I'm not looking to "trade" these micro-caps...but to buy and hold with the belief that if you buy it today for $1.35...you have the chance of
seeing $5-$7 next year...With that theory in mind...I'm trying to find the companies with the best position to appreciate....

Just my thoughts
Dave
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