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

To: Big Dog who wrote (10475)	2/3/1998 8:19:00 PM
From: RGinPG	Read Replies (2) \| Respond to of 95453

Hey, I said "After EVI goes up 10% today GD will come out of the woodwork". It only went up 7.3%, so I guess he's still hiding. But there are signs of life: "From the cc today on EVI: Listened to the EVI cc today.In short they are backlogged in all their divisions of their business and have people working overtime to get orders out.They can't ship out the stuff fast enough. in addition,Jan saw huge orders,bigger than ever. They do not comment on their stock price but say that it is tempting to buy back stock but they are using their $ to make aquisitions which will make them stronger. As far as oil exploration slowing,it would have to slow so much and that it is very unlikely.it ain't gonna happen.they beat expectations but they were not pleased with their #'s because they see so much more growth to go.they say that there comes a point when their shares get so cheap that they have to buy and it's real close;they're thinking about it." Thean: Once again I didn't follow your advice and am paying for it. PTEN is a dog of the dogs. I'm out of it soon, regardless if it goes up or down. Why should I have it when I don't even own NE? I'm still learning tough lessons.

To: Big Dog who wrote (10475)	2/3/1998 8:38:00 PM
From: Jeffrey Beckman	Read Replies (1) \| Respond to of 95453

BOP Revisited- I discussed the "Balance of Power" indicator of Worden Brother's, Telechart 2000 in mid-December, a measure of systematic Accumulation/Distribution. Things seemed to be looking up at that time, but soon turned negative with lots of red bars (distribution) showing up for much of the driller/oil service group, in some cases severe. Anyway, FWIW, over the last two or three days, there seems to be considerable clearing away of the red, with most stocks turning yellow (neutral) and green showing up here and there. There are still a few with red bars, but most of these have been getting smaller. As others have said, the readings can be misleading, but I'd rather see green than red, anyway. JB