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


To: Fredman who wrote (32308)12/1/1998 8:31:00 AM
From: Harold S.  Read Replies (1) | Respond to of 95453
 
I would like some people on this thread's opinion as to a comparison of UTI and HLX as far as downside risk and upside reward in the future. when speaking of the future I am talking about 1-2 years out and beyond..not just the next 3-4 months. I am trying to decide which stock to be heavier into at this point. Thanks for anyone's analysis.



To: Fredman who wrote (32308)12/1/1998 9:52:00 AM
From: RGinPG  Read Replies (3) | Respond to of 95453
 
20% or more further down is not inconceivable to me. Someone once posted that these companies are still profitable with oil prices at $12 a barrel. My argument was they are not as profitable as they would be with oil at $20 a barrel. Won't they actually be losing money with oil at $10 a barrel? How do you price that into these stocks? How can they maintain earnings with the major exporters giving their product away?

Meanwhile I'm working on a trading system for the Internet stocks. (Certain death for that sector).

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