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Gold/Mining/Energy : Varco (VRC) -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (22)	9/1/1998 11:09:00 AM
From: Peter Caradonna	Read Replies (1) \| Respond to of 63

hmmmm. current price is about 1/3 of the 100daymovingaverage. Anyone brave enough to come back? What about when the PE is 1? <p>

To: JakeStraw who wrote (22)	10/12/1998 2:21:00 AM
From: RGinPG	Read Replies (1) \| Respond to of 63

VRC is high on my buy list for today. I believe it is time now to get back into the sector, and VRC appears to be among the strongest in many areas. #1) Their stock price has held up poorly compared to the rest of the sector, and this is the only area of concern for me (assuming "the market" knows which stocks are the best). osxstocks.com #2) Their earnings growth numbers are right at the top of the sector osxstocks.com #3) Their earnings estimates have held up very well. osxstocks.com #4) And their gross margins continue to improve. osxstocks.com #5) The daily stochastics trading system suggests the short term downcycle is over, and it is time for a rally in the sector osxstocks.com For similar reasons, I'm also looking at RIG, FGII, ATW, EVI, DO, and CXIPY. GLBL also looks good, but I'm concerned that it too is suffering new lows.