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


To: PuddleGlum who wrote (16556)3/25/1998 8:57:00 PM
From: Czechsinthemail  Respond to of 95453
 
pg,

I think you made a smart move. Except for its walking-on-water abilities, I think COMS looks like a disaster in process. ESV looks great. For an IRA you should have plenty of time for plenty of appreciation.
good luck,
Baird



To: PuddleGlum who wrote (16556)3/25/1998 9:00:00 PM
From: Big Dog  Read Replies (4) | Respond to of 95453
 
<<OT -- as usual for me>> Anyone here follow UHCP (United Heritage Corp.) This is a strange little company that raises beef (lite and low-cal and sold in over 100 stores in CA) on top of the ground and find oil underneath the ground...only 300 feet under the ground. (That is not a typo...300-ft.)

Reserve estimates are at about 100,000,000 bbls. Plans are to drill a few thousand of these small wells on the spread.

The beef sales are zooming and if this oil thing ever starts flowing, this could be an interesting stock. I bought some yesterday at 1.25. I'll just stow it away and look at it again in a year or so.

Just thought I'd see if any there are any other gamblers out there on the ride with me.

bd



To: PuddleGlum who wrote (16556)3/25/1998 9:06:00 PM
From: tyc  Respond to of 95453
 
hi,

good move Baird,

From Yahoo NEM msg board state :

"
......
Oil price can only go up not down since OPEC has already seen the importance of cutting off production in order to increase their profit margins. There will be another OPEC on March 30, and you will see the rush on oil stocks again.

The increasing wage, recent higher jobless, higher oil price, stock market overbought, more companies laid off employees in
order to increase operation profit margins, Asia crisis has been in control. Those factors indicate a possible inflation and stock
market correction. That was why I sold off all the tech. stocks to buy gold, silver, and oil stocks. Many investors like to keep in
line with the rush of tech. stocks. To me, tech. stocks will soon be the tickets to the suicide unless you bought them on the
dip. So far, I own NEM, BMG, CDE, SSC, ESV, and FLC.
..... "

Now is our time. I am still in 115% (15% margin) oil srv/drl stocks
nothing else.

regards,

tyc