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


To: Think4Yourself who wrote (53417)10/22/1999 3:38:00 PM
From: The Ox  Respond to of 95453
 
Back in April of this year, we talked about the "oil laggards" and I was looking over these stocks today. The "consensus" group at that time was: FLC 9 1/4, KEG 3 11/16, PGO 16, SEI 15 3/8, TCMS 3 7/8, and UFAB 8 15/16.

The only 2 which are currently higher priced are FLC and KEG.

The reason I bring this up is to make the point that simply because a stock is a laggard doesn't necessarily make it a good contrarian long term play. (I use the phrase "long term" loosely)

FWIW,
Michael