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To: Lorenzo Perez who wrote (5790)12/21/1997 2:29:00 PM
From: Gottfried  Respond to of 95453
 
Lorenzo, thank you for the link! My sentiments exactly. The rig
count looks healthy offshore-data.com
too. I haven't seen a reduction in earnings estimates either,
but haven't looked very hard.
IMO the selloff is due to profit taking and I expect these stocks
to resume their rise in January (barring a bear market).

GM