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


To: SliderOnTheBlack who wrote (66339)5/17/2000 11:48:00 AM
From: Jane4IceCream  Respond to of 95453
 
COVD...+ 1 3/4 and just sold 1/2 my position (nice)! Buying still strong but me being a tech trader always looking to take profits too.

You sure go out on a limb!!!!

I dont know diddly about this sector compared to most of yous so I wont comment but from what I have researched this IS the place to be.

And I sleep better at night too!

Take care,
Jane



To: SliderOnTheBlack who wrote (66339)5/17/2000 11:51:00 AM
From: Big Dog  Respond to of 95453
 
Slider, I agree with your premise on FLC. The reason I like PKD so muc right now is because they have been largely ignored, stock-price wise. PKD is under-followed on Wall Street and does not seem to get the 'respect' of the other drillers.

I think the company will start getting a little more respect in this cycle which will boost this laggard to be more on par with its peers. PKD may not have the multiple that some of the others enjoy going forward, but I think it still has some catching up to do.

Remember, it is a small company. A huge play like what is going on in the Caspian could be a 'company-making' event if PKD plays its cards right, and I think they are based on what I have learned.

FLC is clearly going to be the mo-mo and Wall Street fave over the longer-term. But I think this is the sweet spot for PKD. And the way it has traded over the last few days should be a gift for a wise in/out trader like yourself!

big



To: SliderOnTheBlack who wrote (66339)5/17/2000 2:25:00 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 95453
 
Slide: COVD at 23 7/8

See the news about DSL line sharing??

COVD could be in for more stock appreciation.

Jane