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

To: Richard D who wrote (26210)	7/22/1998 1:09:00 PM
From: The Ox	Respond to of 95453

To all the TA masters out there: Where are the next support levels on the OSX? TIA, Michael OT: LU vs VRC LU is expanding rapidly in an exploding industry with no immediate end in sight. VRC is growing nicely in an industry that's in a severe decline that trends ever lower each day. Sure the contrarian says buy the dog and avoid the highflyer. Call it momentum if you choose. The street looks forward, not backward. The same situation occurred in the drilling sector last year. The single biggest difference is the drillers are still at the mercy of oil prices. The cry is for bandwidth! The ever increasing telecom/datacom usage is something that's a worldwide issue. Communications infrastructures are being rebuilt worldwide and will continue to be for years. Just ask Teddy. He's a bandwidth bandwagoneer!