Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: shust who wrote (25943)	7/17/1998 3:56:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

Hanging tough? Maybe -- the OSX is only down 2% from the opening spike. I think expiration is affecting everything today, not necessarily in a good sense.

To: shust who wrote (25943)	7/17/1998 4:08:00 PM
From: Jack Be Quick	Respond to of 95453

Hmmm...tough may be a relative concept. The few remaining driller & OS stocks I'm holding didn't look all that tough to me today. For instance, what's with the fire sale on SCSWF? Did they not just blow away estimates to the upside by ~50%? What, the street doesn't like the DIVE acquisition? (sigh) Otoh, my recollection is that even back in the good old days it was usually about this point in the earnings reporting cycle that the stocks in this sector began to pull back. Seems to me like the expected pop on earnings was always over before RIG and some others reported. Anyway, hopefully they'll hang even tougher next week. Best, John