To: Brad Baker who wrote (36446 ) 2/1/1999 2:50:00 PM From: SliderOnTheBlack Read Replies (3) | Respond to of 95453
Michael Price is touting Oils - #1 pick is PZE per Feb 1999 Worth magazine and a few other media reviews; he was Chairman of the Board at Franklin Mutual Advisors at time of print (Jan 1999) and his total market #1 pick for top 3-5 year return is PZE; Penz Energy - the E&P spinoff of Pennzoil. His 12 mo pick before they anounced 25% EPS growth expectations; was GM .... did he or didn't he leave Franklin - ? '''doesn't look like it...? I would say VTS & PGO, CLB & CXIPY still look to be the thinking mans picks here... I own PZE, not based on Price's endorsement - but, that did put a little wind in my sails to buy into its dip of late; I bought off of an independant analysts purely independant mathematical, financial analysis of Pennzoil; where he stated this was one was of the most undervalued companies he has EVER reviewed. This guy does big $ reviews for hedge funds and LBO firms. Shortly thereafter Pennzoil turned down a huge offer at $80 from UPR - which shocked people; and now Pennzoil is split up to unlock shareholder value...fwiw. I'd own PZL & PZE with a 3:1 weighting toward PZE.... marc; APA looking cheap; I also love SGO - popped along with OEI its new partner today... GaryB - expect any technical buying to kick in shortly per OSX 45-48 low support ? Bollinger Bands look to show oversold here; 200DMA about 56.220 ? Bottom of band - 43ish...so another 10% max ? My ''chicken beaks'' & eye of Gnewt still show a buy signal ...<VBG>. GLBL; keep coming, just a little more,,, Jon C <<100,000 share bid at 6.75 on FLC>> - sure hope I get filled !!!!!!!!! <VBG>.... FLC, I like on the rebound - I worry about mass capitulation in the debt laden - but this is the singing siren of the deep - for sure...