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


To: waverider who wrote (22549)5/20/1998 8:13:00 PM
From: Harold S.  Read Replies (3) | Respond to of 95453
 
Can someone tell me a good, low cost, stock in this sector that appears to have good upside potential and is undervalued?? I currently own UTI, BNO, and PKD. Any suggestions would be appreciated. I am looking to add another stock that has the potential to run several points when oil finally stabilizes and moves up this summer. Thanks in advance for any suggestions.



To: waverider who wrote (22549)5/20/1998 10:18:00 PM
From: Teddy  Read Replies (4) | Respond to of 95453
 
RE: "Congrats to the wiennies who left our board awhile back..."

As a former driller bull and current wiennie, let me remind all my Strictly Drilling Brothers that when i left i posted that my reason was that Day from NE (the person i respect most in the industry) stated that dayrates were declining and would not go up untill atleast the second half of the year.

Drilling stocks will go up, but first the must go down. Way down.

I would also like to remind my Brothers that there are other stocks outside of this sector (about 1300 of them). As i posted on the "other thread," the best stocks that i own right now are ASND and HOE (a German ADR).

Best wishes to everyone here. And remember, just when you can't stand the losses anymore and finally sell: i'll be there to buy your under valued, over sold shares and get the next ride up.

Damn, that Teddy makes me mad<G>