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


To: Think4Yourself who wrote (48548)7/29/1999 10:17:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<HMAR says drilling downturn not bottomed yet.>

Exactly the reason why the E&P's offer such upside as opposed to driller/service stocks here... for the first time ever - I own not a single share in ANY driller, or service stock - 100% E&P's....

there will not be any boat leaving the driller/service dock so fast, or so soon; that we risk missing it imho.

While the OSX back & fills and is range/trade bound - the small cap E&P's are getting poised for some 30-50% to even ' double' runs here...to Q1 2000.

Only CRK is still ''sleeping'' for me... after trading it continually; sitting here at a new ''re-entry'' cost basis of $3 9/16ths going forward. Expect $5 -$7 by even XMAS potentially based on cfps valuations when the hedges come off in Oct.



To: Think4Yourself who wrote (48548)7/29/1999 10:27:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
These big NG power plants are popping up all over the place!!

HOUSTON, July 29 /PRNewswire/ -- Duke Energy North America (DENA) announced today plans to begin simultaneous construction this month of two 640-megawatt, natural gas-fired merchant peaking power plants, one in Butler County, Ohio, and the other in Vermillion County, Ind.

biz.yahoo.com



To: Think4Yourself who wrote (48548)7/29/1999 4:17:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
KL--What's your take on TMR's lack of news re well capping?