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

To: articwarrior who wrote (55277)	11/23/1999 11:10:00 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

>> I'm in cause I just don't see much downward pressure on OEI here. At 8 it is grossly undervalued. << Completely disagree about the downward pressure. That's all we've see the last 2 months. Somebody wants out. I thought they were gone when that 3 mil share block crossed at 9 but I guess not. Hard to say when it'll be over. Completely agree about being grossly undervalued though. But value doesn't seem to mean much these days. That said it's still my #1 holding. Bought a little more this morning, but saving the troops in case we see 7 or 7 1/2. Any close at or below 8 and I think I will have to send in the troops...

To: articwarrior who wrote (55277)	11/23/1999 11:10:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Don't you just love tuesdays (VBG) !?!?! ... this pre-API selloff game is getting to be rather predictable. I would say about a 12 Million BOE "BUILD" has been priced into APA BR NBL PXD OEI et al today (VBG) ! ... hmmmm; give us a 3 M boe drawdown & what happens to those E&P's with some balanced crude production - as OEI has ? I am buying NBL here as my "main" play on Nat Gas - 10%ish from its 5 year low here ? 50% upside to its recent highs and they have huge cap ex increases in 2000 compared to 1999 - a unique story with NBL here; a great play. Stops being run, some shorting, some dumping-trimming etc. If I ran Fidelity Select Energy; I would only have to work on "tuesdays" (VBG)... what an opportunity for some fund managers today; they can make their "year" for next year-2000 today. 50%'rs to "doubles" littering E&P land.