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

To: Broken_Clock who wrote (25403)	7/9/1998 3:43:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

DO? Why that's only down a measly 3%. I should be so fortunate to be holding DO. I'm looking for a strong close today.

To: Broken_Clock who wrote (25403)	7/9/1998 4:37:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Papaya -- I'll be ''owning'' some of those Dec. calls & Leaps - I'm sold. About 12 times in the last 12 months DO has rebounded over $45 after having fallen below it... With their EPS growth, deepwater presence, contract stability, institutional following and a 2 million share capitulation to a new 52 week low today -- I'm sold. I'll be putting a fair portion of my portfolio's % into LEAPS and Dec. calls into DO, SLB & EVI. I like DO the best....risk vs. reward is not one seen too often. Crude will not go into Dec. at present price levels - at least that's the ''bet'' . The post by Puddle Glum ... cinched it for me. IMHO; We'll be talking about this period in the oil sector years from now, as a time that made people both rich (buyers) & poor (sellers)... I do not recall too many times when people have made significant money going with market sentiment .... other than 'net stocks.