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To: SliderOnTheBlack who wrote (51188)9/15/1999 1:04:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
OEI retracing to a partial entry BUY, PXD & NEV

- 3 moderate risk solid buys...

All will see 50% + in 12 mos. from today's levels and/or outperform the OSX index imho.

OEI moved on big Institutional buys, now retracing here - at under $10 - the conservative investors wanting a large cap E&P - load the boat !

They got SGO in the merger at the BOTTOM - remember; Fadel Gheit of Fahnestock called SGO the single most undervalued company in the Energy sector - bar none. Their deepwater exploration portfolio is huge, some coalbed methane plays out west & a new Canadian play as well - very diversified and C H E A P !!! - limit buy order at $9 7/8ths myself.

GaryB - you remember OEI from $5 to $7 don't you ?; it is a 20% free money - 10 STAR Slidomatic short-term trade (VBG)here at under $10; $10-$12 is a chip shot. I am an insanity level call buyer in the $8-9's fwiw.

You can have my mid/lg cap picks - but not the micro's (VBG)...



To: SliderOnTheBlack who wrote (51188)9/15/1999 1:39:00 PM
From: ronayre  Read Replies (1) | Respond to of 95453
 
I like NEV as well, been holding for a while this year.
45% inside owned... Float 10.900 outstanding 19.878
short interest ratio 2.528

Selling off today with a neg. money flow, I think Its a deal down here... IMHO....like to see NEV go to 50+ again <GGG> but...
lots of resistance getting out of the teens lately. :(
Another one testing my patience right now...Grrrr...