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

To: jim_p who wrote (59746)	2/4/2000 12:52:00 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 95453

FST - Seems like a good value, but down on such heavy volume makes me wonder if they selling will be over in 1 day. I guess you can follow it down...but where's the bottom? I took a small position at 8 11/16...don't think that'll be the bottom though. I think we may see 7 1/2 to 8 on monday or tues.

To: jim_p who wrote (59746)	2/4/2000 4:46:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

FWIW re: FST... There has been a few Institutions unwinding Oilpatch positions XTO has had steady selling pressure - unbelieveable that this didn't run to $10 off of that Q4 production report... but; it will. There are a few Institutions that are getting out of Energy stocks - all the way out. Some have bought into the OPEC will flood the market Spin... and are purely playing momenteum sectors; this is openly being spoken about on the street. Good news is they are about out fwiw - from my sources. That is opportunity; I am gobbling up XTO FST NBL EOG UPR little PXD, LD, and a basket of small caps here. FST is a rising star - Anschutz a well known financier~ has a huge stake in FST. It was one of the companies picked in earlier Barrons roundtable discussions and is one of the noveau oilpatch plays for many non-energy speciality funds. Do a comparison chart for mid Feb last year to mid Sept - find another mid/lg cap E&P, or OSX stock that outran FST. This went from $5 to $18 in a non-stop run. This stock also has still "in-play" Institutions who are heavy buyers - ie: the huge bounces of late anytime this has touched in the $9's. Obviously - "someone" other than myself was buying large today (VBG). This has a "history" that hasn't changed - the story is intact; this is a mover - highly volatile and post the OPEC meeting; "if/when" OPEC extends cuts - I predict this will cut & run with anyone - once again. FWIW; XTO my #1 holding; today; FST now #2 - with a little powder left for any run to $8 - I will trim FST way, way back on the bounce; as I like NBL for example better LT as a NG play - and I really like NG here (which FST is as well). There is an exit sectorwide by momenteum players here - and those who want to trim prior to the OPEC meeting as "insurance." Folks - you can learn from history; and in this case - if OPEC extends cuts; reap the rewards by "repeating" it (history). - that being the sector exploding post the formal announcement; which we will see from the March OPEC summit. .... I only wish OPEC would sell tickets to this (VBG !) - I'd be there in person ! Semper Fi Boy's ---- load thy boat of choice. The Boom 2000 - OPEC Train is now boarding, the steam is whistling , the wheels are starting to turn - don't miss it & look at the chart's this time last year. siliconinvestor.com The point I am making with this chart - is not the YTD performance of FST - but; rather it's breakout leadership in the run up from the last OPEC announcement - last year; look at it & XTO's leadership vs. APA BR - the 2 sector leaders and the OSX - to the point that FST peaked in Sept - "THAT" timeframe is what I am referring too ! This is a great "trader" here, and I will keep some for a LT position as well. But, I am playing a "pop" here. They have huge upside in Canada and regardless of their Ft Liard play & other drillbit upside - We have wound the FST tape back to $2 Gas & $17 Oil today - I'll take that bet. It's like getting to watch the Super Bowl - then being able to "bet" on the replay (VBG)... I'm openly "over-weighted" here - merely looking for a real quick pop/trade - breakout back to $12-$14 (the same for BSNX) which for me will be margin leveraged. I then will trim part of my position and hopefully catch some driller/service laggards like more FLC DO RIG PGO VTS BHI etc. I "know" of some players who as of TODAY - ARE still buyers in FST - nothing has changed. Someone wanted out - and they are out - period. This may be a good stock for those who have full service brokers - to call & get the "story" on FST from - have them check with their trading desk, analysts & get back with you. End of story - no hype, no continual postings on FST - just a great trading opp on a stock with a high volatility history. Do you "DD" - and play, or pass. This is NOT the value play of say XTO, or NBL - but, it is a higher potential 30%+ immediate breakout story imo. Time will tell...