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To: bw who wrote (1077)	7/15/1998 3:06:00 PM
From: Thean	Respond to of 14427

bw - I would not recommend the land drillers for keep or for trade. Take the leaders. FGII and VRC are solid. Mike - I don't know what will happen on Friday. But here is the scenario necessary for this rally to continue. We need to close on a positive note today. Today should be a higher high but I do notice some drillers are losing quite a bit of steam already. Stay with the solid companies where earnings will not disappoint. Can't go wrong with FGII and VRC. DO and EVI are my next picks and they report tomorrow. If this rally can sustain itself with a little help from oil, we should see a steady climb going into Friday since the shorts will cover going into the weekend. On the other hand, if the wind is knocked out tomorrow should DO and EVI could not make the grade, look out. The shorts will reenter and step all over the place. Therefore, I would place stop to protect nice gain like in VRC and FGII. Barbara - OPMRF good news yet relatively poor showing. Well, the only explanation I have is this news has been anticipated for so long and today it is a sell on news day with huge relative volume of course. I need to see how it will play out tomorrow because it the new wave of buyers that step in today want to further step up, they can carry OPMRF on for a further ride. Maybe there is another news announcement in the work which I'm not aware of. I'll look at the chart tonight and see where it goes.