Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Platter who wrote (33640)	12/28/1998 8:26:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

Platter--reminds me of the semiequipment stocks going into their final lows in early Oct. But in that case, the gorilla AMAT was then flirting with breakeven. In the case of the OS stocks, most still trade at a low multiple on guesstimated earnings. So I think we will not see a bottom until this qtr's eps nosedives are out of the way. ---Halter Marine also warned after the close due mainly to cost overruns. More likely tomorrow/wed

To: Platter who wrote (33640)	12/28/1998 8:58:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

I think HAl will drop sharply in early trading tomorrow, but could recover much of its loss by the close. The impact on other OS firms may not be too bad by day's end. Most of them are down much more than HAL and have discounted everything short of bankruptcy. In fact HAL has been the strongest OS stock -- up over 25% from its low at today's close. I suspect this largely reflects merger speculation rather than bullish near-term earnings expectations.