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


To: pz who wrote (51038)9/13/1999 1:41:00 PM
From: JoeDi1213  Respond to of 95453
 
Correct High 24.20 last 24.15



To: pz who wrote (51038)9/13/1999 1:51:00 PM
From: The Ox  Respond to of 95453
 
I'm showing 24.15 on delayed quotes.

After reading the 100+ posts from over the weekend one issue I'd like to bring up. Slider and others seem to think that investing in companies like IO, MIND and other "laggards" aren't a good buy at this time due to their seismic niche. I would just like to say that one must buy the laggards in advance of their business picking up or one will miss the "good entry" point. Now, MIND was selling for $4/sh not long ago. With oil prices in the mid 20s, I wouldn't expect a much better chance to buy MIND or IO much cheaper then they are today.

I think now is the time to buy "solid" companies that are lagging the market, not simply small/micro caps because they have a greater chance of higher % gains (due to small floats, etc). One need not only purchase pennies and micros to make big money in the patch. If you purchased APA when the RD deal happened, you have had 60+% gains in a few months. Again, just one example of how to make money without risking your shirt on little bitty companies.

GO OSX, Go oil, GO gas, Go drillers, service companies and independent oils. JUST BUY! .....mindless hype! <VBG>