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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?

To: FUZFO who wrote (779)	7/12/1998 11:47:00 AM
From: MoneyPenny	Read Replies (1) \| Respond to of 2282

thanks,I think I was just having a public panic attack when I first posted. I'll probably just reduce my shares in GLM and keep a 500 share core in place. I have also decided to keep PXD as they are repositioning the entire company and I think Rainwater will prove right. Grey Wolf is down so much, why sell? I am not one of the people who bought at 9, my basis is more like 4.25 but I think it still can go down more. I'll keep it also for a while, land drillers often jump the most on improving sentiment. My service stock FGII I intend to keep long term, I will probably add more after watching a few more weeks. It is sickening to watch this sector take down the whole portfolio (fortunately I'm down to about 10-12% now, basically on the basis of these stocks going down 30-50% and the rest of the group up 24-45%)<$%#@!!*&^)> I'm a long term investor at heart and will stay the course.