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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: SofaSpud who wrote (4180)	11/19/1997 4:47:00 PM
From: Serge Collins	Respond to of 24935

David, I agree with your view of the service companies. Some of these stocks are being demolished for no good reason. The media seem to believe it is related to the Iraqi situation, however I don't buy that at all. We're going through a Made-in-Canada correction or even possibly a bear-market and the stocks that did the best are being taken down on profit taking. These stocks will rebound, particularly the ones related to gas exploration. The sell-off has been strictly technical with a lack of buyers forcing the bids lower. It appears as though many retail investors have been frightened by developments in Asia.