SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (3051)1/15/1998 5:02:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 78651
 
Any thoughts on the oil drillers/services sector?
Maverick Tube (makes steel tubular goods for the drilling industry) reported .42 vs. .18 today, and they took the stock down about a buck. I believe estimates for this year are for 1.80, next year about 2.60. At 19, the stock seems cheap. As a matter of fact, that whole sector seems way oversold. People must be betting on a continuing/total collapse of oil prices, and a slowdown in drilling activity.



To: Ron Bower who wrote (3051)1/15/1998 6:52:00 PM
From: James Clarke  Read Replies (3) | Respond to of 78651
 
Nice move on New Holland. I can't see it going much below 24 without a huge market break. Try to find another business of similar quality at 9 times earnings. Well, there is one, New Holland's competitor Agco (AG), which I think is an even better buy.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News