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

To: Steve Childs who wrote (11070)2/9/1998 3:02:00 AM
From: Czechsinthemail  Respond to of 95453
 
Steve,

Drillers will likely follow crude prices and should go up in the event of an attack on Iraq. Possible exceptions might be drillers with very heavy presence in the area -- like SDC -- on thoughts that some of their equipment may be damaged.

But if the overall market tanks, these companies will be relatively strong, but may go down with the rest of the market. From a long term point of view, buying any weakness should prove very profitable.

Baird


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