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To: John Koligman who wrote (46506)2/1/1999 1:56:00 PM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
John,
Appears we are thinking the same general thoughts, but going to different segments of the oil business. Have you looked at COC?
NW



To: John Koligman who wrote (46506)2/1/1999 1:59:00 PM
From: JDN  Read Replies (1) | Respond to of 97611
 
Dear John: I am sure there is money to be made in the oil service stocks but not now. You will have dead money for at least the next 12 mos IMHO. Big oil is in the process of cutting back, consolidating etc etc and it takes a long time for those BEHEMOTHS to turn the battleship around once they start. I plan to invest some in an oil unit trust but not at this time. So far as I am concerned the only place to be now is in Cash or Techs. JDN


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