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


To: Fredman who wrote (27826)8/15/1998 11:51:00 PM
From: Amelia Carhartt  Respond to of 95453
 
Fred: You are really going out on a limb there (G)



To: Fredman who wrote (27826)8/16/1998 12:06:00 AM
From: Fredman  Respond to of 95453
 
What limb ?? we are at 12, i expect it to reach 24 (some day) before it ever reachs 0. We are at 12, i expect it to reach 18 before it reachs 6. Make Sense ?? WHO KNOWS ?? I think we will se some mergers here in the next 4-6 weeks. Oils have been down this road before, i hope they have learned their lessons: those that band together to become a stronger unit survive. Those that don't......



To: Fredman who wrote (27826)8/16/1998 6:38:00 AM
From: Wallace Rivers  Read Replies (2) | Respond to of 95453
 
You can make a long list of stocks that move to the big board and fare poorly. Bay Networks and JLG Industries come to mind - so it doesn't guarantee success or even status quo.
Edit:
Just thought I would remind everyone of the halcyon days of not too long ago when the oilfield services/equip. group was ranked 1 by Value Line. Now it is ranked 49. FWIW.