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


To: Don Westermeyer who wrote (28627)8/31/1998 10:49:00 AM
From: Jamey  Read Replies (2) | Respond to of 95453
 
Don, I'm all for value investing because eventually, investors come back into companies with earnings and low PEs.
MRL seems to be getting ready to stage a comeback. Lots of cash, no LT debt, and long term drilling contracts that should keep earnings up through 1998.
Just moved to the NYSE. This is a keeper for mid to long term.
Santiago



To: Don Westermeyer who wrote (28627)8/31/1998 11:31:00 AM
From: Gottfried  Respond to of 95453
 
Don, you said > lot of speculation is coming back out of the market. Here's to a more value oriented approach to investing....<

Amen! I am glad to see some of these balloons deflated,
because they are part of the reason we're suffering.

GM