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

To: IndioBlues who wrote (54196)	11/8/1999 9:50:00 AM
From: freddie	Respond to of 95453

And DRW upgrades PDE to "srong buy" from "buy".

To: IndioBlues who wrote (54196)	11/8/1999 9:50:00 AM
From: SargeK	Read Replies (1) \| Respond to of 95453

FGH Technical Data NOV 4 L 9 5/8 H 10 7/8 C 10 ¾ Vol 225.2K NOV 5 L10 1/8 H 10 7/8 C 10 3/8 Vol 159.6K TODAY: L 10 ¼ H 10 3/8 Bid 10 1/8 Ask 10 5/16 Last 10 1/4 Vol 9.6K DOWN 1/8 partners.freerealtime.com There are no technicals to analyze. No 50DMA, no 100DMA, no established resistance or support levels,etc………… That's all folks!

To: IndioBlues who wrote (54196)	11/8/1999 10:30:00 AM
From: SliderOnTheBlack	Respond to of 95453

Opportunity knocking with FLC's downgrade imho... DLJ doesn't get it; do they (VBG) ? DLJ makes FLC their "Top Pick" after the Falcon runs from $8 to $15 ! - WRONG !!!!! as JJC would say. The time to make the "Dirty Bird" the "Top Pick" is when it retraces right here from $15 to $10 !!!!! .... FLC becomes - "the Slidomatic's" - TOP PICK; on a break under $11 here; DLJ don't know diddly... Buy FLC all the way down on any weakness - coming from DLJ's downgrade. It's just this simple... 1. There can be no - Boom 2000 realization; without $24-$30 FLC at mid cycle- period. FLC 18-24 mos. into a potential multi-year Oilpatch expansion is easily a $48+ stock at peak earnings cycle valuations. 2. There is no "insolvency/bankruptcy" risk any longer with FLC. 3. There is no other driller with this valuation here at this turning point in a potential multi-year Oilpatch expansion. The risk vs. reward metrics on FLC exceed any other driller stock in the sector. They have the most upside earnings capacity remaining in the shallow water GOM for Nat Gas drilling. 4. FLC will get huge buying support in the next few qtrs if it sells off into a turn around here; as it will be the obvious choice; as "THE" major laggard in the driller sector down the road. ... don't be chasing 3/8ths moves all the way down. Perhaps sit for a break of $11 here today; say @ $10 7/8ths for an initial entry, or to add to existing positions. I would then sit at a break of $10 - $9 7/8ths for a "full" or, a double down position. It's doubtfull that FLC breaks much below those levels imho. If it doesn't break $11 - then hold your remaining position and I would not add unless it becomes a gift. Beat the Shiek !