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

To: Think4Yourself who wrote (65004)	4/19/2000 4:27:00 PM
From: jim_p	Read Replies (2) \| Respond to of 95453

To bad you can't take a tax loss in your Roth. MDR will probably out perform 90% of the OSX stocks. The unknown is how long do you have to sit on it before it moves, and are you better off buying stocks that are moving now Vs. holding on. I know a lot of you disagree with me, but the upside is worth the wait for me. MDR was my largest holding back when it fell to 7.50. I sold half of it between $9.00 and $10.00. If it falls back below $8.00, it may be my largest holding again. Jim

To: Think4Yourself who wrote (65004)	4/19/2000 4:36:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

JQP, Some kick a$$ driller news you MUST read: ============================================================ slb.com Energy regulators issued 5,535 new well permits in the first quarter, including 1,829 in March, up 153 per cent from the same period last year and surpassing the 5,148 approvals during the first quarter of 1997's record drilling year. ============================================================ Count 'em baby 5,535 NEW well permits in Canada alone. Still don't like land drillers? ;o} I'm keeping lots of powder dry because I believe the last leg down on the Naz will commence this week or next. IMO this is when they take out the Semi's and shoot 'em. I don't think it will be very pretty. The SOX is an accident waiting to happen. I am becoming more (although not completely) convinced that NEW leadership will emerge. I believe the OSX will feature prominently in that shift. IMO 3 must own stocks after the last deluge are PDS, TESOF, and KEG. But mainly TESOF. I will absolutely friggin' Bull Load my boat with TESOF. This stock is still WAAAYYYYYYYy too cheap. If it gets cheaper I'll buy, die, and go to OS heaven.

To: Think4Yourself who wrote (65004)	4/19/2000 6:28:00 PM
From: upanddown	Read Replies (2) \| Respond to of 95453

John Q As far as I know, there are no further legal barriers to the B&W bankruptcy and the shielding of other MDR assets. The judge ruled Monday and that is it. No revisiting the case for a year. Maybe we should just stick with our high-risk play in MDR rather than a low-risk play like ESV. Lets see....its very symmetrical....ESV has 8 times the market cap of MDR..MDR has 8 times the sales of ESV. ESV sells for 12 years sales...MDR sells for 20% of annual sales. ESV 2000 P/E is projected at 68 while MDR is around 15. The shallow-water drillers have been the best performers in this cycle and they are looking very overpriced to me. I think they have had their day and it is now time for other groups to step forward (deepwater, services, construction and E&P). JMO. John