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To: Jon Tara who wrote (6203)12/2/1997 12:22:00 PM
From: ItsAllCyclical  Respond to of 13925
 
OFF TOPIC

Jon, You had mentioned MDCO before so I assume you are familiar with the oil-drilling stocks. Are there any that you currently own or have been buying at these levels? Considering the long term trends these stocks appear to be oversold even with a decrease in the price of oil.

Almost everyone says the money managers are selling them to lock in gains, not because of any change in the overall long term outlook. (2-5 yrs)

Jim