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

To: Broken_Clock who wrote (16497)	3/25/1998 2:21:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 95453

Thank you so much, you are a peach for clearing that up for me. I missed the TA bashing. I agree with you 100%. You need both to make a good investment decision. I'm glad I put the FA portion in my response no matter how small. Maybe that saved me from a smacking about the head and shoulder area. Thanks, Jan

To: Broken_Clock who wrote (16497)	3/25/1998 3:21:00 PM
From: Chuzzlewit	Respond to of 95453

PK, you're doing pretty well on that tack! Fact is that I originally bought VRC at about $11.50 last spring. I bought more VRC on the way down (about $23), and more yet just before earnings were announced at $21). Now while some other folks have become unglued about oil, this little baby has been an absolutely stellar performer in my portfolio returning well over 100% on an annualized basis. Look at each of the returns using $27 as the current price: bought in April at 11.50. Annualized return = 153.7% bought in November at $23. Annualized return = 61.8% bought in February at $21. Annualized return = 2019.4% Sure, it would have been nice to sell when the stock was up to about $34, and buy back when it was around $18, but who knew? Not I. So I say let the fundamentals ride. I am certain that one day my laggards, GLM and ESV will begin making some real money for me if there is no significant change in their fundamentals. Regards, Paul