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


To: IndioBlues who wrote (56993)12/15/1999 4:30:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
OSX at the close today is ONLY up 4.24% from May 27th...

Also; remember the big blow off last year at the end Aug/start Sept;

Drillers % return since:

RIG - 0.72
FLC +13
DO + 30
GLM + 33
SDC + 52
RDC + 67
ESV + 78
NE + 111

Top Service % return: just a few...

BJS + 180%
SII + 127%
WFT + 110 %
HAL + 25%
SLB + 19.79%
BHI + 2.3%

Amazing seeing people buy SII & BJS at these prices today but, conversely, RIG FLC look real, real cheap & BHI HAL SLB are reasonable - they really haven't seen the Institutional Mo-Mo yet. E&P's are even cheaper fwiw.

My point, is it will really pay to be a stockpicker here as we have some players are a bit ahead of themselves imho.



To: IndioBlues who wrote (56993)12/15/1999 8:35:00 PM
From: diana g  Respond to of 95453
 
"Diana, why not buy SLB here. That way you get to play it and RIG at the same time? You'll be issued 1 share of new RIG for every 5 shares of SLB you own. If RIG dips, buy more at the lower price."

Hi Indio,
SLB isn't my style, altho it is a fine company. The trouble with buying it now would be that one would be stuck with that RIG at exactly the worst possible time, imho.

Better to wait, I think. BWDIK?

regards,
diana