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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: ynot who wrote (56278)	8/18/1999 6:29:00 AM
From: kendall harmon	Read Replies (1) \| Respond to of 120523

FLC is recommended this morning in businessweek today Excerpts: Energy stocks should outperform the broader market for the next six months thanks to higher oil prices, says Norman Rosenberg, senior investment officer for Standard & Poor's Equity Group. Although the analyst believes oil prices are near a short-term peak, he expects oil to remain at above $18 a barrel through 2000. That's why S&P is advising investors to overweight oil stocks right now, a stance it doesn't usually take.... Most of my buy list consists of drilling or oil-services stocks so that is a good place to start. These stocks are for aggressive investors only: Baker Hughes, one of the largest oil-services companies; Tidewater, the largest offshore supply vessel operator; and Texaco, my favorite blue-chip oil name. Global Marine, Santa Fe International, Transocean Offshore, and R&B Falcon are the drillers I like the best. businessweek.com