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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 (65230)4/25/2000 11:56:00 AM
From: Think4Yourself  Respond to of 95453
 
I am just sitting on my EnP's, watching them climb 1-3% every day. Boring but profitable. Threw some of the excess cash they have generated into BMY at the open this morning. Wish I had thrown more there, a lot more :o)



To: jim_p who wrote (65230)4/25/2000 12:22:00 PM
From: The Ox  Respond to of 95453
 
I have a small lot of SFS I picked up at 8 9/16s recently. I'm confident that this is a very nice price and we'll look back at this as a great opportunity.

I don't have too much cash left to put to work in the patch as I have been doing some buying in the tech sector. There are a lot of good companies that are very cheap right now. I'm backing off most of the trading I've done in the past because I think a few years from now I'll be mighty happy I loaded up. "Choose wisely".......

I haven't sold any of my oil stocks lately with the exception of SESI. I had a large position which I have trimmed down to a normal size since the stock has had such a nice move these last few months.

With respect to PKD, I think they are an excellent trading vehicle but I'm not sure I want to buy and hold over $4. Loading up under $4 and trading has been the way to play this one. As things in Asia improve, the trading range may need an upward shift.

JMO,
Michael



To: jim_p who wrote (65230)4/25/2000 12:23:00 PM
From: Wowzer  Read Replies (1) | Respond to of 95453
 
Bought back my HAL at 40 1/2 and a little extra for trading. Maria B. was hyping it this morning, so I sold my whole position at the open. If you can't beat em join em LOL. I swear HAL is the only service stock Maria knows about and it has become soooo predictable when she starts touting it before the open.....



To: jim_p who wrote (65230)4/25/2000 12:29:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Missed BHI today, I want it though. Lots of ME news the last few days. Do you like Baker in the ME? Best get some ME rigs.

slb.com
slb.com
slb.com
slb.com



To: jim_p who wrote (65230)4/25/2000 12:34:00 PM
From: The Ox  Respond to of 95453
 
Just finished going over the SFS earnings report. With the current environment for oil+gas, they have a license to print money. 1st qtr revs were about 40% of last year's total revenue. One has to like their position going forward. The acquisitions which were dragging down the company last year are starting to pay off nicely!