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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 (61313)	3/2/2000 4:26:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Now - do we retrace here; or does the Mo-Mo money come aboard ? ... could get real interesting. Does $40 crude as the intra-day high to a speculative run seem unreasonable to anyone here ? That ought to get the Mini-Majors moving. There is soooooooooooooooooooooo damn much safety and upside to the P UCL MRO COC OXY's of the world that it's scary here... these have the liquidity to absorb REAL momenteum money - as do the majors; the OSX is allways the first recepeient - but; institutional money will flow to the bigger names soon.

To: jim_p who wrote (61313)	3/2/2000 4:29:00 PM
From: The Ox	Respond to of 95453

Add UTI to your 'undervalued' list. These analysts don't have a clue as to how valuations work in this sector. If you look out 2 years down the road, which BTW is the way they are valuing most tech stocks these days, I don't see how you can go wrong owning BR, APC, APA or UTI. APC's news in Dec about their Bossier wells was totally ignored. The stock is lower today than it was then? I reflect back on my FLC, CAM and WFT purchases back when few even considered this sector for investment. I've watched them go up 100%+ in little over a year. I am convinced that many of the major houses don't have a clue or are simply ignoring the sector. RIG for too long seemed to be the stock no one wanted? While I trade this sector, buy and holds in the large/mid cap services sector are like money in the bank. Thanks to everyone on this thread for their opinions and selections. Good luck, Michael