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

To: Bazmataz who wrote (19855)4/21/1998 2:43:00 PM
From: Douglas V. Fant  Respond to of 95453
 
Bazmataz, A minor point from Zack's: I noticed that stocks rated as "Oilfield Equipment/Machinery Socks" are rated as 11/211 as an industry group; while "Oilfield Service Stocks" are rated 3/211 of timely industry groups.

I noticed this while pondering the merger of WII (service company) with EVI (machinery company). I decided that the post-merger EVI looks like a pretty "stout" company and a world competitor- so I put in an order for a few shares a couple of minutes ago.

Finally note that the EVI-WII Management Team noted that they are looking for "other acquisition opportunities"....

Sincerely,

Doug F.



To: Bazmataz who wrote (19855)4/21/1998 2:48:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Same with SLB...volume a little above normal. about 2.7 mil. shares today is my guess tho if it starts to power move on 80 then 3 mil. + is possible. Been bumping along on the deiling all afternoon. Hasn't done that all this year anyway. Usually hits resistance and within 15 minutes it tanks back down.


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