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


To: SliderOnTheBlack who wrote (23806)6/11/1998 9:57:00 AM
From: mph  Read Replies (1) | Respond to of 95453
 
< How low can they go???<>>

I shudder to think. Must add # 11 as follows to my list:

11. Never buy a stock on the day you've called the bottom because you will be able to pick it up for at least 15% less within 3-4 days....<g>

mph



To: SliderOnTheBlack who wrote (23806)6/11/1998 11:10:00 AM
From: Czechsinthemail  Respond to of 95453
 
How low can they go???
This question remains. That's why among your value portfolio choices, TCMS stands out as the one least likely to suffer much more downside. For the land drillers, the possibility that they may go down further and stay down longer adds more risk. The TCMS business in pipeline installation and repair and fabrication should remain strong even if drilling dayrates continue weak.
Baird