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

To: Tulvio Durand who wrote (28473)	8/27/1998 3:26:00 PM
From: Redman	Respond to of 95453

I do agree. I do not mind seeing money go into those stocks, as they are truly the leaders in their respective fields, and along with their growth rates--deserve a high PE. It is all the other shit that is trading absurdly up, while we are making money, and our business is surrounded by a finite resource that is being used more and more daily. Granted, we slowed down for awhile, but the cycle will turn and these stocks will turn before it is evident to the average investor. I think next week will be very interesting. To answer your question: I think there is a ton of money looking for a safe haven with potential. I can think of no other sector that has been beaten as badly that will turn soon(obviously my opinion there). green