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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Death Sphincter who wrote (14177)	2/19/1998 11:46:00 AM
From: Don Westermeyer	Respond to of 94695

many beat-up oil stocks right now, look very attractive for buy and hold type investor. and with a price spike the "hold period" might not be more the a few months for some truly big runups. IMHO and nothing more. I'm usually just a lurker here, but I have to chime in on this one. A lot of oil support companies are very beaten down. Check out TDW and TMAR. 25-50% earnings growth trading with P/Es less than 10. How many stocks like that are there on the market! There has been real fear in this sector and IMO it is over-blown. Cheap oil won't last forever even if OPEC can't get its act together.