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


To: SJS who wrote (3700)11/24/1997 6:58:00 PM
From: Tom L. French  Read Replies (3) | Respond to of 95453
 
Steve

Here's my take on Fidelity, in the spirit of useful exchange.

I didn't see this report you are refering to, but if it is like past reports, it came out because Fidelity's buy/selling activity surfaces through their required reports (whatever they're called), and these are about selling/buying already done, weeks ago.

So, is it what Fidelity is doing now? Or is it a report today about what Fidelity is doing (which in reality they did weeks ago, but only just reported). If it is what they are doing now, that is one heck of a source someone has.

If it is a report about what they've reported, we can say, yeah we've been watching. <g>

Regards

TomLF



To: SJS who wrote (3700)11/24/1997 7:51:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 95453
 
I said this earlier but will repeat.I think we are the last to know.Once we find out Fidelity is selling it's over with and after the fact.I don't think they would make that statement as they were selling.The quote was they "were" selling.GD



To: SJS who wrote (3700)11/25/1997 2:32:00 PM
From: Nero  Respond to of 95453
 
The orbitex guy was courtney smith and he's on quite a bit (recognized the head, not what he's said in the past). The info I got out of his segment was that drillers and biotech were his favorite sectors but was recommending NOT buying oil right now because of the fund managers sell off but to wait a couple months. Can't seem to remember what he said about biotech.