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

To: bw who wrote (6473)	1/2/1998 3:30:00 PM
From: Dragon 1	Read Replies (1) \| Respond to of 95453

Last half hour of trading. Are the boats going to be lifted? What's your take for teh direction of next week? Thanks.

To: bw who wrote (6473)	1/2/1998 6:25:00 PM
From: Alexander Hardin	Read Replies (2) \| Respond to of 95453

In most industries, finding cheap stocks is difficult but this whole industry is cheap. No matter what method you use, this industry is cheap. Low multiples and sky high growth rates make it the most attractive in the market. I will buy 2 or 3 drillers once the bottom is reached and the downtrend is broken. The biggest problem is, deciding which ones. With almost everything being solid and cheap it is hard to choose. One thing I was curious about is why Diamond Offshore is never mentioned. It looks great at this price yet no one is discussing it. It along with CDG, HAL, MDCO, NE, GLM, and FLC are the ones I am looking at for a possible purchase. Good luck.