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To: gregor who wrote (32458)12/4/1998 3:03:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 95453
 
gregor, Still I just bought into RON. At a 52-week low and just doubled their share buyback. Check out the value on a Dec 22.5 RON call option- pretty stout huh for a stock that is down today.

That 6% premium for a 2 weeks option on a stock near its 52-week low says to me that there's not much bottom left here- at least in this stock.... And also December is traditionally the time to buy energy service stocks- take advantage and buy quality stocks cheap during the tax loss selling season!

Sincerely,

Doug F.