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

To: drsvelte who wrote (19329)	4/16/1998 1:16:00 PM
From: jbe	Read Replies (1) \| Respond to of 95453

YHOO up 9, XCIT up 8, SEEK up 7! How about WEL, up 12%!!! You don't need to bother with internet stocks! Just look in the oil patch for a penny stock with negative earnings (e.g, WEL -- Boots & Coots) and you'll get the same stock appreciation you want (especially if the stock has a cute name)! Don't waste your time on solid companies with steady earnings growth and good balance sheets! Speaking of charts, has anyone taken a look at WEL's performance chart recently? An absolutely perpendicular line upwards since the beginning of this month! Seriously, now. I'm no historian of the market, but I've heard of tulip crazes and such. It looks to me as if the U.S. market right now is being driven by tulip-craze-type speculators, not by investors looking for real value. Maybe it's time to get out. Any thoughts? jbe