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

To: Jamey who wrote (28209)	8/24/1998 1:00:00 AM
From: waverider	Read Replies (1) \| Respond to of 95453

>>DH is full of it. MHO He is a typical shorter spreading negative hype.<< You moron. Don't get mad at me because you've been losing money. My posts have been right on the money and are based on reality as you know all to well by viewing your portfolio the past few months. Go back and read. I have indicated very clearly why I thought these prices were going down. They have. Now, if you want to accuse me of spreading negative hype please provide the posts I have written showing that type of thing. Again don't buy into this sector until we see a solid basing pattern and a confirmed technical breakout. I'll be more than happy to let idiots like you know when that happens. <H>

To: Jamey who wrote (28209)	8/24/1998 1:33:00 AM
From: cherrypitter	Read Replies (1) \| Respond to of 95453

Santiago (good post) and all: lets get a little perspective here folks. I imagine ya'll are a bunch of young turks and turkettes, by that I mean about 40"s or 50's at the oldest; (I am a lot older than that). Can we agree that it is more than likely that in three (3) years the price of the following OS stocks will be at least as follows? FLC $25 FSESX $34 Mind $17 SFY $$22 FGII $26.50 Seem like reasonable valuations IMO. Guys and gals, that is a doubling of the current price for an average gain of 33%/ year!!! The insiders mentioned in Santiago's piece aren't worried about catching the bottom, they know that these values today are cheap for a long term investor. What matters that they go down another 20%? Over the long haul it will not matter if we can agree on the above valuations in 3 years. You guys are mostly trying to grow your IRA's and 401k's. So what if your Portfolio is down now? . I am a senior citizen and I am not overly concerned. I don't like it but time and patience will take care of these valuations. "OT" to Micheal- you made a nice call on SFY in the $9 range. And you were quick to point out to the board, and rightfully so, that it took a nice 35% run up to the $12+( before a pull back Friday.) According to your posts you are not invested so I guess the whole call was academic! Kind of like the stock picking contests school kids have on CNBC with paper money! Good investing, Rich

To: Jamey who wrote (28209)	8/24/1998 2:57:00 AM
From: Gerald F Bunch	Read Replies (4) \| Respond to of 95453

Santiago I posted to slider two or three days ago, that my son and my brother works in the oil patch. My son has been in the patch for about 16 years, about 9 off shore. Needless to say, I wouldn't tell him that he knows what he's talking about. My brother has only been in the oil patch for a couple of years. What I'm trying to say, is that, both of them have made some d@#n good calls about the patch. The over all sentiment in the oil patch, is that it will not recover for 12 to 18 months. Take it for what it is worth, both of them, have made some excellent calls Also, for what it is worth, my son has worked for ESV, SLB, and now works for GLM. I don't remember which land drillers he worked for(Oh well, I guess that I'm suffering short term memory loss. I just heard that, about Billy Boy on CBS, in reference to some of the questions that he had been asked about Monica Lewinsky. What can I say, it's h%*l getting old.) IMHO, I don't think that the drillers and service company's will be going much lower, but I think it will be a little longer for a strong turnaround than most people expect, short of a strong military engagement. Thread, forgive my longwinded synopsis. I really don't want you think, that I'm trying to be a SLIDER wannabe. Regards GB P S BTW for what it is worth, I'm just an unsophisticated investor and farmer, but I pay very close attention to my peers that have experince in any field. In the long run, it has paid off.