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


To: sand wedge who wrote (5266)12/15/1997 6:09:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
Dano, I am eating an "ice cream" banana from a stalk I hacked off the ol banana patch yesterday.

When I came to this thread you guys were so upbeat...Now the stock prices are in some cases 1/2 of what they were then and earnings are better. It'll all come back in time...and once again Glen will be a happy camper and use that coffin for firewood!



To: sand wedge who wrote (5266)12/15/1997 6:14:00 PM
From: Flan  Respond to of 95453
 
It would certainly help if oil could hold a level - I think this is weighing on the sector pretty heavily - Even though there is no connection between the two if oil breaks $18 I think you will see a boatload of institutional selling - Glen I feel your pain I have lost an entire years worth of profits and then some and am dumbfounded at the continual decline - It would be one thing if there was some legit info out there but I do not see it - I do see PDS blowing their number out of the water and people still selling the stock. I will call a fund mgr I know to hear the latest rumor hitting the street.

It is good to see the Bass bros looking at aquisitions in this area - it means at least the smart money still knows what is up. I could name 20 companies that could be bought and be accretive to any earnings for SLB etc. Good luck .