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

To: The Perfect Hedge who wrote (3283)	11/20/1997 1:25:00 AM
From: soozathelooza	Respond to of 95453

i've jumped into the fray today attempting to catch the falling knife which is PDE. i liked this stock in the mid 30's so i'm worshiping it here at 27.... BTW this is the best freaking thread in the whole ***damned SI. paul.

To: The Perfect Hedge who wrote (3283)	11/20/1997 1:28:00 AM
From: megazoo	Respond to of 95453

NKY NIKKEI 225 INDEX 16308.49 +466.03 +2.94 1:03 HSI HANG SENG STOCK INDEX 9980.25 -174.11 -1.72 23:37 AS30 ASX ALL ORDINARIES INDX 2435.70 -6.60 -.27 0:05 STI SING: STRAITS TIMES INDU 1658.23 -22.74 -1.35 1:15

To: The Perfect Hedge who wrote (3283)	11/20/1997 1:29:00 AM
From: Michael Berkel	Read Replies (1) \| Respond to of 95453

IBD--Investors Business Daily quotes A.G. Edwards' energy analyst Joe Culp in its Thursday's edition. Joe attributes the selling by "hot-money portfolio managers" seeking to lock in profits as the year winds down. But the fundamentals remain strong, Culp said. Drillers and rig servicers have contracts that will keep them busy into the next rig-building cycle, which begins in '98 and '99. The major producers and independents have downsized to the point that they can make money with oil as low as $16 a barrel. The price is about $20 now, giving the industry a cushion. And demand is increasing for oil and gasoline. "The fundamentals continue to reflect the stock prices going up" Culp said. Source: IBD 11/20/97