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To: marc chatman who wrote (32429)12/4/1998 9:25:00 AM
From: John Carpenter  Read Replies (1) | Respond to of 95453
 
Marc,

For those of us who missed it, what did the Morgan OS analyst
say?

Which companies did he mention?

Thanks,

John



To: marc chatman who wrote (32429)12/4/1998 10:25:00 AM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
MSDW analyst see's value & buys...

Mentioned HAL DO SLB by name; overall saw an over-correction (duhhh) and sees value and rates sector a solid buy...

Wasn't too hard to see this one coming; the big buying will not happen untill after the big wash sale expiration of the major selling we just saw... I would think a 15-25%+ move up from here is realistic. With positive Venezeulan election news and an OPEC response (smell one coming...) we could see crude move a bit. With the expected post-Wash Sales expiration in the 1st of January, I expect Institutional buying again; we just may see a nice move to the same levels where we were during the highs of Sept-Oct. From there it will obviously depend on crude's move and company earnings. Bargains galore; the key is picking they ''anomalies'' - the mistakes made by the market here... GLBL SCSWF FLC FGI awfully cheap... in E&P's RRC PGEI WZR SGO MLRC NEV EEX have huge upside for the patient...

Wouldn't be surprised to see a nice little move up today, but then again...