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


To: iandiareii who wrote (20969)5/1/1998 8:49:00 AM
From: marc chatman  Read Replies (3) | Respond to of 95453
 
I recall that statement, I think from an internet chat. You pretty much have it verbatim. I almost exploded laughing when I read it. Gee, of course the guy is long, or interested in going long -- that's why he asked about it. I assume that when Cramer has a real reason for badmouthing a stock he will give it (he is a relatively smart guy, after all). When he doesn't, he just glosses over it with some trash talk. That doesn't bother me. The guy is a hoot. Good entertainment. But like most showmen, I'm sure he will get old after awhile.

Doug, I figured out what KEG does from the 10K. IMO, much of their business is directly affected by short term movements in the price of oil. I have no idea why they shot up yesterday.



To: iandiareii who wrote (20969)5/1/1998 8:57:00 AM
From: iandiareii  Read Replies (2) | Respond to of 95453
 
File this under "For What It's Worth"--

Second day running finds briefing.com beating a bullish tattoo for oil stocks. Yesterday they stumped for SLB -- fat lot of good, that, it was King Knute time -- today they sing for CDG, and the sector in general:

<<CDG represents the second straight oil-related company to be profiled on this page... The reason is simple... Briefing contends that the badly lagging energy sector is emerging from a 5-month long basing formation, and as such, the stocks in this sector should be among the better performers over the next 3- to 6-months... Consequently, don't be surprised if a number of oil-related stocks appear on this page in the weeks to come.>>

They're mo-mo sceptics and long-time driller bulls. (Again, picture King Knute at the water's edge.) For the record, they trumpet both the TA and the FA attractions of the patch. Everybody happy?

ian