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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 (27703)	8/14/1998 10:36:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

EVI...cont. I would agree with you other than the fact that it is EVI; a driller has more quick downside potential/volatility in EPS estimates - EVI is at $3.29 for 1999 = 6.69 PE off of 99's estimates - I'll take that. The fact that a single fund is dumping is currently the exact type of opportunity that I'm looking for,BDI, DRQ & CDIS had some individual funds dump them to irrational 1-day selloffs and this is where I bought. I am not buying accross the board at all - don't recommend it. But EVI RIG RON et al on $2 dips - simply, just do it ! Good signs are that we are seeing individual strength & acumulation in some stocks while others are selling - this basing mode is good for trading and we just need a big DOW correction and or good crude news to give us a firm boost up... not alot of danger here imho...5-7% max ?