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


To: Czechsinthemail who wrote (5182)12/15/1997 12:58:00 PM
From: Redman  Read Replies (1) | Respond to of 95453
 
I would think with all the earnings downgrades throughout the Tech sector, people would be eyeing the oil service sector. It is one of a very few who are getting nothing but upgrades throughout, and there is not indication of any slowdown for the foreseeable future.

Hmmm, some food for thought !!!!!

red



To: Czechsinthemail who wrote (5182)12/15/1997 4:08:00 PM
From: PuddleGlum  Respond to of 95453
 
Baird-
Nice to see you here on this thread. I don't like the fact that these stocks are going down on upgrades. I got scared out of GLM for a small loss, made my money back on TMAR, and now I'm holding TBI because a short term trade turned into an investment. I think this sector is a couple of weeks BEHIND the semi equipment group (contrary to another post a few days ago). The semi equips were working on a triple bottom before the third one fell out from under them (but now they're rising even on analyst downgrades). Let's hope that this sector can come out of its funk real soon. I was almost a buyer today, but I've got no more stomach to see my own blood running on the floor.

Thean- I, too, appreciate your comments. In fact, your recent summary of prices and p/e's and % down from the highs was extremely useful to me.

Steve