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

To: A. Geiche who wrote (37481)	2/12/1999 4:58:00 PM
From: A. Geiche	Read Replies (1) \| Respond to of 95453

Today, GLBL, it seems, is the biggest loser in OS - 9.65%. And it is in spite that it met the estimates. Would not it be wiser investment strategy, VLAD, to sell it yesterday and re-buy later? I did not sell it. That was a big error...

To: A. Geiche who wrote (37481)	2/12/1999 5:30:00 PM
From: VLAD	Respond to of 95453

AG, If any of knew the EXACT bottom of any individual stock we would all be very rich men. I bought FLC at 8 1/8 and saw it go down to 6 3/4 and then back up over 9 and now back down to the low 6's, I am not trying to be a perfect timer as I know it doesn't work that way. Those who loaded the boat in FLC when it traded below 6 and sold when it traded back up over 9 could have seen an awesome return of 25% on their money in only 9 short trading days. Seems a lot nicer than 4.5% on a one year CD. I believe that those buying stocks like FLC that are now at about 25% of replacement cost can't go wrong unless they believe that oil will be sub $12.00 for a long long time.