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


To: Czechsinthemail who wrote (18507)4/8/1998 8:33:00 PM
From: Scott Russell  Read Replies (2) | Respond to of 95453
 
Hi, I'm a newly converted lurker and have been following Edge Petroleum (EPEX). Supposedly it has a 70% estimated 5 year growth rate with a current P/E of 22. That gives a PEG of about .31. This seems like a fantastic value at $11, but I also thought that at $19 when I almost bought it several months ago. I see very little written about it on these boards so I'm wondering if there is a downside that I'm missing.



To: Czechsinthemail who wrote (18507)4/9/1998 1:12:00 AM
From: puborectalis  Respond to of 95453
 
BS...why has FGII gone up 5 points recently while your favorite and mine,ESV has declined several points the last week?



To: Czechsinthemail who wrote (18507)4/9/1998 2:38:00 PM
From: D. K. G.  Read Replies (2) | Respond to of 95453
 
Baird, contacted ESV's IR Dept earnings out before bell 4/16 C.C.replay # 1-402-220-9946 available after 12:00 CST.

I've been looking at your fave also. Thanks for clarifying differentiating these issue for me.
UTI is looking like it might be coming back. Nice base forming
after a protracted decline, looks to forming a cup w/ handle?

The sense I'm getting is that of the Drillers, the Deep Water
stocks are the place to be. What is the rational behind that?
An oil drilling newbie as myself needs some help.

My personal experience in this field was limited to owning Cliffs Drilling in late 96 it had a quick run and I sold. Missed out on the big run up in 97.

Regards,