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

To: Mel Spivak who wrote (3618)	11/24/1997 12:09:00 PM
From: Flan	Read Replies (1) \| Respond to of 95453

Man am I getting punished - My oil dominated portfolio is blowing up. In four weeks I have gone from big profits to huge losses. The stocks I own are cheap and well everyday they seem to get cheaper. Doing due diligence I have spoken to management at each of the companies and they continue to see strong demand for their services, but looking at the charts of PDS, TESOF, NE, DPSI - you would think they are going out of business. It blows me away that people would sell PDS at a 12 p/e when mgmt sees strong numbers next year. Think it will get uglier before it gets better. Hope others are faring better.