Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: scname who wrote (3578)	11/23/1997 9:27:00 AM
From: Michael Berkel	Respond to of 95453

I challenge you to name a few stocks outside this sector with the same growth pace as CDG, PTEN, NE and FGII and the same or even lower p/e valuations. For example: NE's consensus earnings estimate for 1998 is US$2.00 and it is trading in the low thirties. TDW's consensus earnings estimate for 1998 is US$5.25 and is trading at $60.00. Also take a look at CKH. The estimated annual growth figure for FGII is 166%. In which other sector(s)can I find the same value for my money? Long live the rig shortage! Thankx, Michael Berkel

To: scname who wrote (3578)	11/23/1997 11:23:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 95453

Have you ever wanted to shake someone and say, "how can you be so stupid???" You are ignoring info I am relating to you straight from those in the industry and those in the industry buying their services as well as many on this thread that are actually in the industry. I'm through arguing. It's your money. Throw it away as you please and stop wasting this thread's time. Good Luck! -Lucretius

To: scname who wrote (3578)	11/23/1997 9:30:00 PM
From: Broken_Clock	Read Replies (2) \| Respond to of 95453

ÿ"It used to be a very negative sign - everybody saying, oh, OPEC's flooding the market," Bogin said. "Now, it's a positive development." canoe2.canoe.ca It seems as though there is universal agreement that oil consumption will increase...Think about this: If Asia devalues and becomes more competitive, then industrial production will increase, not decrease. I have not seen any news reports indicating a slowdown in population growth in the worls, much less China or SE Asia and India. Quite the contray is happening which means more oil!!! Coreections in the stock prices will occur but this sector appears to be very safe vs. others...IMHO