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

To: waverider who wrote (28143)8/21/1998 11:57:00 PM
From: ron peterson  Read Replies (2) | Respond to of 95453
 
To All-- Anyone care to give their favorite oil sector stock pick for the best rebound once this mess is over? And why you picked that stock. Could be some interesting insight here.
Thanks,
Ron
My pick is OMNI or EGEO
reason-no slowdown in siesmic exploration-- growing co.expanding into other countries.



To: waverider who wrote (28143)8/22/1998 12:47:00 PM
From: Les H  Read Replies (1) | Respond to of 95453
 
>>What possible remaining bad news can be priced into these stocks?<<

Tax-loss selling and China's devaluation is still remaining to be
priced into these stocks. Since much of the growth in consumption
is predicated on China's economy growing...


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