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


To: John Peterson who wrote (7273)1/9/1998 10:36:00 AM
From: Redman  Read Replies (1) | Respond to of 95453
 
It is one of the best REIT's around along with Weingarten (WRI). Those are great investments for income producing instruments, but the oil sector is whats going to bring home the bacon. I am going to sell 1/2 of my ctxs position (which I bought at 12.75 and hope to sell at 80) into earnings announcement, and will be flush with cash to pick up some of these bargains, not to mention average down enormously. I just didn't think these bargains would still be around when I was in a position to sell ctxs.

As they say in Aspen, "No guts No glory."

green



To: John Peterson who wrote (7273)1/9/1998 12:08:00 PM
From: whperk  Read Replies (2) | Respond to of 95453
 
FWIW, I've held CEI since the secondary offering last April and it's up about 50% (ignoring dividends) since. It held up well in the last quarter of 97. Certainly better than my stocks in this sector.