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

To: cherrypitter who wrote (27788)	8/14/1998 8:38:00 PM
From: VLAD	Respond to of 95453

From the stock price you would think that 1999 estimates should be under $1.00/share.

To: cherrypitter who wrote (27788)	8/14/1998 9:14:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 95453

So EVI is trading at 9 times the 99 est.....and they won't even grow from 98 to 99.....maybe this stock does have further to fall..maybe a lot farther. B

To: cherrypitter who wrote (27788)	8/15/1998 12:06:00 AM
From: cherrypitter	Respond to of 95453

The Tide is Now Turning Positive (Reprint from Bloomberg, August 14) Boston Energy research analyst Paul Kuklinski anticipates that 2Q98, possibly 3Q98, should represent trough earnings in the energy sector. With a recovery in oil prices stimulated by OPEC initiatives expected in 4Q98, and at least a seasonal increase in gas prices this year and strong fundamentals beyond, sector earnings should be significantly improved in 1999. Concurrently, Mr. Kuklinski believes the stock market capitulation now taking place in evergy stocks has once again creaated historically realistic values, except for some of the big oils. He believes the badly decimated oil service stocks should sustain attractive earnings growth in 1999 and beyond, keyed to revived oil company cash flow, and along with the badly lagging E&P sector, represent the best investment opportunities in the evergy group in some time. On the other hand, most of the major oils remain fully valued. Mr. Kuklinski's top picks in August are Total, Anadarko, Baker Hughes, Pennzoil, Burlington Res/Western Atlas, Oryx Energy, Schlumberger, Global Marine and Transocean Offshore. He is advising institutional investors that Exxon is a good Dead Money/Swap Idea candidate. Boston Energy Research provides fundamental research of the Energy Sector including Major Oil Companies, Large Cap E&P Companies, and Leading Oil Service Companies. Reports have strong investment orientation and include extensive earnings models which are updated regularly. Major Oils: Opinion Price Target 1998 Est. EPS BP N. 84 3.92 CHV N 70 3.76 XON sell 51 2.77 IMO N 18 .71 RD N 43 2.27 TX N/Buy 70 2.57 TOT N 65 2.10 AHC Buy 75 .36 KMG Buy 88 2.56 OXY Buy 34 1.68 PZL Buy 79 2.09 UCL Buy 47 1.60 LARGE CAP E&P: APC Buy 41 ,55 BNO Buy 14 -.80 BR Buy 53 1.25 ORX Buy 31 .58 OIL N 37 0.00 UPR N 26 .61 LEADING OIL SERVICES: BHI Buy 48 2.04 DI N 40 2.12 HAL N 40 2.29 SLB N/Buy 70 3.03 MARINE DRILLERS: ESV N/Buy 27 2.27 GLM N/Buy 24 1.68 RDC N 25 2.60 RIG Buy 56 2.81