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


To: Teddy who wrote (5793)12/20/1997 11:47:00 PM
From: chirodoc  Read Replies (1) | Respond to of 95453
 
<<<<<while we are waiting for the Street (and the rest of the investing world) to figure out that Drillers will out perform the Market

......remember that fund managers bonuses are tied to good yearly performance prior to 1/1/98. therefore, they sell their spectacular winners to lock in their gains.

.........they will come rushiing back in when this sector is one of the few with consistent earnings. i have not heard that day rates are falling or exploration is down, have you? :-)



To: Teddy who wrote (5793)12/21/1997 4:06:00 AM
From: Dragon 1  Respond to of 95453
 
Ted, I am also baffled by the drastic upward movement of AIPN in Sept and Oct, but could you explain why you think this stock is super-hyped? I also smelled something fishy going on but couldn't pinpoint. Thanks

P.S. I recently got a broker on the phone urging me to take a position in that stock but also telling not to get in when it goes over $4 1/2.