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


To: 007 who wrote (14961)3/16/1998 8:45:00 PM
From: The Perfect Hedge  Respond to of 95453
 
I'm waiting for 35 on EVI and then I'm jumping into stock 100%...
I think we'll get there in the next 2 weeks...
GD



To: 007 who wrote (14961)3/16/1998 10:06:00 PM
From: BERNARDO ABEND  Read Replies (1) | Respond to of 95453
 
talking right to the point about the oil service co. I think this sector will not have a severe impact in their results from the low oil prices. Have you ask your self about more oil pumping translates in to more activity for the sector, when you have to cover with more production the low oil pricing. Of course some of the oil co. need to cut their budget but also looking to the future they still working hard in placing the infrastructure in the developing countries like in Venezuela where the investments in the oil sector are huge.
My view is, the oil service co. like TMAR are so cheap right now that any bounce in the oil price will pump up the stock.even if there is more price pressure they will still being a great long term investment.
regards,
Bernardo.