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

To: davedb who wrote (35639)1/22/1999 12:34:00 PM
From: Jon Cave  Read Replies (4) | Respond to of 95453
 
EVER setting a new 2 month low at 14.5. I am setting on 1k shares of this dog. Anybody buying at this level.



To: davedb who wrote (35639)1/22/1999 1:16:00 PM
From: William L. Oppenheim  Respond to of 95453
 
<<anyway my wife says you probably like this thread best because these people are are more intelligent. I guess so or maybe more level headed>>

Yeah, but you might say this is a more intelligent herd, but a herd nevertheless.



To: davedb who wrote (35639)1/22/1999 1:27:00 PM
From: Jamey  Read Replies (1) | Respond to of 95453
 
Dave, My pick is Pride Petroleum (PDE). Offshore/Land driller with 100 Million+ in cash assets in Sept. 98 with qtrly earnings of $1.32 last qtr. Analysts rate this a neutral right now but at $7.00 ask. P/E oo 4.87 and a 52 week high of $37.00. this could easily triple your investment once the oil reserves are stabilized.

Any comments pro or con, anybody?

Santiago


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