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


To: SJS who wrote (21547)5/6/1998 11:34:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Steve, I don't have a target price yet. I may watch stochastics to see if it gets oversold. It's also a time thing for me to see when and whether the earnings get revised. On the other hand, I am in ESV, RDC, NE and CDG for shallow drillers, so I may watch relative values. The ESV is not for sale, but the others may be at the right price, and I could move to MDCO if it gets very beaten down. But, of course, the further down it goes, the more resistance it will have to fight through on the way back up.

I'll try to take a closer look and let you know.