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


To: Harold S. who wrote (52849)10/12/1999 12:26:00 PM
From: ChanceIs  Respond to of 95453
 
Harold S. - I'd lay off MRL and UFAB for a while. Having just lost my lunch money on Parker, I have become convinced that there is a dramatic, earnings driven, phase shift developing amongst the oil service companies. In March the rising tide lifted all the boats equally. But look at what happened to GLBL, UFAB and to some extent GIFI. The air came out with the expectation that offshore and international drilling and construction will lag in Boom 2000. This is not to say that these are bad buys here, but other segments will recover and advance sooner. Check out this informative article I posted earlier today from the Houston Chronicle.

chron.com