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


To: Douglas V. Fant who wrote (32550)12/7/1998 1:45:00 PM
From: Platter  Respond to of 95453
 
From Briefing.com." Oil Drilling/Services Stocks: Price of crude rising on New York Mercantile Exchange on reports that Venezuelan president-elect Hugo Chavez plans to adhere to production cuts. Stronger oil prices, coupled with technical buying, lifting many oil drilling/services stocks from 52-week lows." ...OSX up 2.70 points to 51.28, oil at 11.42



To: Douglas V. Fant who wrote (32550)12/7/1998 1:55:00 PM
From: The Ox  Read Replies (2) | Respond to of 95453
 
OS stocks doing very nicely this morning.

Doug, thanks for your input regarding analysts. I guess the biggest problem I have with many of them are their lack of timing. They stick to a position/call for too long, usually way past a change in fundamentals. I know they have a difficult task and they are easy targets for criticism especially when the upgrade stocks after huge runs up or downgrade stocks after steep declines.

....back in WFT and RON as of early this AM.

Michael