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

To: The Ox who wrote (81005)	12/7/2000 9:10:06 PM
From: rolatzi	Respond to of 95453

For FLC, I see a lot of support at 15. If it goes below 15 there is a lot of support at 11. If it gets down to near 11, I will load up again. The call options are worth looking at. This past year anyhow, the calls were not too expensive. Currently, the Jun 15's are at 3 5/8 - 4. I have an affection for FLC since I bot it at an average price of 8 and sold it all at 29 in the summer. I wish I had done the same with some of my other service stocks and exploration and production companies. FLC had reached long term capital gains for me while my other profitable holdings hadn't yet. I have just reached long term holding on OEI and will probably sell it off on the next rebound which I'm still waiting for. I would like to put off its sale until Jan 1 to clock the gains in the next taxable year. I'm afraid everyone may head for the exits at that time however. Perhaps it's better to reload with some seriously underpriced companies and lick my wounds with the lost profits on the other holdings. rolatzi