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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (16286)1/16/1998 10:14:00 PM
From: Area51  Respond to of 50167
 
Judy,
I was interested in what you thought about the oil drillers these days. I bought my first oil drilling related stock TMCS today. I was amazed when I looked at some basic stock information and found it trading at less than book and about 11 times next years estimated earning. (My DD was minimal so there could be a lot of goodwill in the book value, and next years earnings are always subject to revision).

My basic question for you: Are there other oil drillers selling at these types of values?

Thanks,
Garry



To: Judy who wrote (16286)1/16/1998 10:44:00 PM
From: Area51  Respond to of 50167
 
TCMS not TMCS in last msg <EOM>



To: Judy who wrote (16286)1/19/1998 1:37:00 PM
From: Michael Rich  Read Replies (1) | Respond to of 50167
 
Judy, hope you had a great skiing trip. I should try that sometime.

A nice 3-day pause in the market allows me to do a bit work
on my WWW page: geocities.com

I agree with you that we will move up from here, in general.
BAY is flirting with 200ema right before its report (Tue?)
so we may get the breakout. That will be sweet. Y2K stocks
are storng...go CHRZ!

Talk to you later, my dear.


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