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

To: kormac who wrote (56620)	12/10/1999 6:31:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 95453

<Yahoo's market cap is TWICE that of General Motors> Now can you tell me the comparitive growth rates for the 2 companies? I own EXDS,40% growth quarter over quarter for 10 quarters.Can you show me an oil service stock that has growth rates like this,even at the height of any boom in history? I'm not saying these tech companies aren't overvalued,,but you do have to keep the growth rates in context,IMO...I passed on GLBL at 6 3/8,,but bought EXDS at 112(3 weeks ago) instead, currently 163 .This thread loves to trash tech stocks,,but bottomline,,JAGTX is up over 175% YTD.Overvaluation Vs. being tied to OPEC's purse strings(not to mention our possible Gov. intervention)..hard to choose<g>,but the OSX is not risk free,regardless of low valuations,,sometimes those valuations are low for a reason,IMO.BS(Bethlehem steel) comes to mind. I do however think there may be a nice play in NG,as crude hovers at the $25+ level,and gov. officials become concerned over crude prices. We may see some of these companies retest their Mar lows...I'm seeing Capex increase of say 25%,,why shouldn't these companies be 25% higher than the mar lows? It wouldn't make sense for OPEC to let prices get to high,they would be cutting their own throat,if the Capex increases to high,they loose their advantage..