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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (46051)	6/8/1999 1:21:00 PM
From: ChanceIs	Read Replies (3) \| Respond to of 95453

Hvide taking on more water - S&P downgrades credit biz.yahoo.com What is bad for the goose is not necessarily bad for the gander, however I have become cautious about the shipbuilding companies in general. I sold my GIFI at $11 (after it had bounced off of $16), but I still love its strong balance sheet. I held HLX for a while but got out long before the merger. Basically we had a situation where the rising tide of oil prices lifted all the boats equally (pun intended), but now I think that earnings have become important again. The last subsector to see earnings recovery will have to be the shipbuilders. I took Slider's lead and moved into natural gas. I especially like its immunity from oil turbulence (read that as Iraq).