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Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?


To: Mark who wrote (702)3/18/1998 9:46:00 AM
From: Sam Ferguson  Read Replies (1) | Respond to of 884
 
Off topic

Mark I am holding oils also. KEG has only about 8% of revenue from drilling. They are mostly a group of servicing hauling companies. Don't you think the way natural gas is holding in spite of oil drop that their earnings will grow without complete rig utilization.? Also oil glut is likely to change in next three years to oil shortage like never seen before. Supply hasn't kept up with use for over ten years and with asian recovery and cheap oil demand will soon be back to normal.

Think KEG is one of those potential 3 baggers in 5 years so I'm holding right thru drops. Can't time markets and to trade in and out so just holding tight. What is your opinion.

I tried holding APSG after 3 different runups and each time dropped its gains within a short period. Sold last for 15.75 on pullback and it went right back up real quick. It's very volatile but seems to be
one solid fast growing company.

In a stable market couldn't pry me from one like this. But am 74 and saw similar conditions of ballooned markets and margins before some other big down markets caught all by surprise. The General market scares hell out of me now that all pension money is pumping mutuals into higher and higher prices. Can you imagine what panic selling would do with all mutuals trying to dump to take care of withdrawals?