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

To: marc chatman who wrote (48891)	8/5/1999 1:41:00 PM
From: The Ox	Read Replies (1) \| Respond to of 95453

Excellent point marc. What I've been thinking about lately is the stocks that have still been laggards during this year that have had little negative news other then the "current environment". Some of the smaller companies (not micro-caps) that have had a real hard time are looking attractive when viewed from the perspective of the increase in oil prices and the relative lack of increased drilling. I still suggest sticking with those companies that have solid balance sheets and continue to generate substantial cash flow, even in this difficult period. Those companies will eventually come out into the light and those of us who get in while "no one wants them" will be rewarded for our "risk".