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


To: Winkman777 who wrote (55915)12/2/1999 4:50:00 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
I have to agree with Slider that all hell is going to break loose shortly. The key techs are in a bubble mode that may shatter on Jan 1, 1900. There may be a lot of bankrupt people by Feb 1, 1900. At the same time oil and NG fundamentals are doing great, have been great for some time, and are predicted to do great for some time. Analysts have so far not priced this into their earnings estimates. Additionally, this sector is the sector of choice in an inflation economy, and that is not priced into stock prices at all.

Also believe that there is a lot of money sitting on the sidelines.

This sector is the place to be. There is no other with so much going for it. Just remember to STAY AWAY FROM THE REFINERS, because they are having trouble passing on their costs and could be highly vulnerable to Y2K problems due to their process orientation).