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

To: isopatch who wrote (91321)	6/4/2001 6:39:12 PM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 95453

isopatch, My various contacts in the services industries say that only in the last 60 days have E&P's attitudes toward future commodity prices moved from a long-term pessimistic view to a more positive belief that prices may indeed stay firm. This has sparked a significant increase in "on-ground" services activity in the last 60 days...

To: isopatch who wrote (91321)	6/5/2001 8:20:03 AM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

Iso: I get the impression that the strength in gold stocks is nothing more then a reload, an anticipation of a larger event. I believe the consensus was that $265 gold was a re-entree point, but there hasn't been much weakness:) I'm looking to widen my holdings in precious metals, that's why I added a silver stock to my "slider-ized" portfolio. I'm holding 1 gold, 1 silver and I still hold positions in the patch, although at a much smaller weight. Regards Frank P.