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

To: marc chatman who wrote (26287)	7/23/1998 3:13:00 PM
From: Rudy	Read Replies (2) \| Respond to of 95453

I would believe anything in this market Marc. This sure is a different beast now. Who could have thought MSPG an internet stock would go up 50% (from 90-100 to over 150!!) in a matter of 4 trading days, while some these oil hampsters start selling lower than book value. Yahoo lists TMAR's book value as 13.19 dollars while now it is selling for 12.25!!! IMO, we will not see any improvement in oil sector unless we see substantial drops in leading high tech sector. Oils need a dramatic sector rotation to look attractive again. Otherwise putting money in something you are not sure when to turnaround, is at the least paying the opportunity cost while other sectors are screaming. Take care.