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

To: mph who wrote (16778)	3/26/1998 9:59:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 95453

mph, Maybe we have to have a pact ala OPEC about reducing our daily rate of selling these drillers. I think that's a pact you want to make with yourself. I try to park shares and not touch them in order to allow the investment time to play out the positive scenario I envision. Getting too caught up in trading shifts the focus from the big picture of undervalued companies with positive earning potentials to a micro perspective that is simply too vulnerable to the noise and unpredictability of the market and too likely to become reactive rather than proactive. I trade some, but mostly it consists of repositioning from a company that looks relatively overvalued to one that looks relatively undervalued. And here, too, I think moderation is desirable. good luck, Baird

To: mph who wrote (16778)	3/26/1998 10:01:00 PM
From: PuddleGlum	Respond to of 95453

We haven't had any recent updates on this week's "contest", but I think that my picks must be near the bottom. OBV has been rising quickly for TCMS while the price has stayed pretty steady, so something is happening. However, I noted to my dismay a couple days ago that the stock had a 3/4 point spread (pretty hefty for an $11 stock). Continuing with bad picks: I own plenty of HMAR, which is the only service or drilling stock which I'm still in the red on. And on gold stocks, I have a big position in ASL, which was the only gold stock that I saw that didn't rise today. pg