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

To: RGinPG who wrote (17311)	3/31/1998 12:33:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 95453

Goldman Sachs upgrades TMBR from market outperform and places it on its recommended list. Baird

To: RGinPG who wrote (17311)	3/31/1998 1:55:00 PM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 95453

Grover- Are you going to get sell signals on FGII too?If so,how low do you see it dropping?I'm thinking about scooping some up....TIA...GD

To: RGinPG who wrote (17311)	3/31/1998 7:04:00 PM
From: upanddown	Respond to of 95453

Ron: The contrast between 1Q year-to-year earnings changes for the S&P 500 and this sector is kind of amazing..... biz.yahoo.com I used your raw numbers from the last time I was able to D/L the spreadsheet format a couple of weeks ago but I haven't seen much in the way of dramatic earnings changes since then. I get the following year-to-year 1Q earnings increases: Land 177% Ocean 132% Services 203% Average 174% Even eliminating the five highest (+444% - +2000%) as distorting, we still get: Land 68% Ocean 95% Services 40% Average 67% Just about 100 times higher than the S&P. Of course, in the perverse ways of the street, If the S&P does 1% rather than 0.7%, that is great news while if the drillers do 60% rather than 67%, that is bad news. It does make me feel that patience will be rewarded. John

To: RGinPG who wrote (17311)	3/31/1998 9:49:00 PM
From: pz	Read Replies (2) \| Respond to of 95453

Ron, Looking at the charts tonight I was expecting some pretty ugly indicators. Much to my surprise a few of these stocks look like they may hold support. The OSX is very close to closing it's gap and will probably do so tomorrow. Also, it's very important to note that there was very little down volume on most of the oil service stocks. If we can hold tomorrow then we may have hit bottom. I personally can't think of anymore bad news for this sector other than possibly poor earnings by the land drillers. Regards, Paul