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

To: ron peterson who wrote (25043)	7/1/1998 9:57:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

EGEO.... and Seismic sector look very good to me,VTS,PGO etc. Bought EGEO yesterday, they were spun off by Seitel/SEI (also worthy of research) and are upgrading deepwater seismic boats. At an oversold bottom - good fundamental value & cheap. VTS has started rebounding again - PGO split and has held up well. I like SEI, EGEO, VSEIF as the ''values'' and VTS & PGO on any dips -- just a little pricey now. Seitel - has a very interesting twist, as they maintain a working % interest in many projects that they do the seismic work for & have an E&P division (just announced a find in La. that will be accretive to Q4 earnings - & no price move ?) - very cheap now - higher risk but much, much upside... As far as how seismic work has held up utilization-wise -- link to: pidwights.com PS - OMNI a seismic service company sold off 15% or so $2+ yesterday on no news. This company has been publically very positive about this year and next; is ramping up crew/capacity and is a steal today sub $14.... I'm in on a short term trade - expect a $2+ move over 2 days.... it's my 2nd largest cash position. Featured in IBD New America section etc. earlier this spring.