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

To: PartyTime who wrote (20518)	4/27/1998 1:09:00 PM
From: 007	Read Replies (2) \| Respond to of 95453

PTEN, PKD, & UTI all look good to me. I know that UTI has about 70% gas exposure. Anybody know about the others?

To: PartyTime who wrote (20518)	4/27/1998 1:49:00 PM
From: Tulvio Durand	Read Replies (3) \| Respond to of 95453

Reasons for not buying PTEN today: 1. Ron of RnpG says two more days down in this sector. 2. Zachs has PTEN as a Sell. 3. Onshore contract drilling is more sensitive to spot oil/gas weakness compared to offshore drilling. With reported burgeoning oil stocks coupled with lack of oil storage, spot oil is headed for further decline. 4. Per Baird, RIG and DO are safest when oil prices are weakening. 5. One of our most bullish colleagues, Teddy, has transformed himself into Teddy Bear. 6. With the 'correction' in process and holdings softening many 'bulls' will be needing Viagra. PFE looks like a good buy today. DAVX looks good too. Tulvio