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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (1230)	2/22/1999 11:06:00 AM
From: Robert Douglas	Read Replies (2) \| Respond to of 2282

Re: no brainer. Since when do brains have anything to do with investing?<g> When it comes to buying stocks like GLM and the other oil-field service companies it seems like guts matters more than gray matter. How many players have come onto this board and said, “Looks cheap, I'm in at $X”? Then after a 10% decline they vanish like the morning fog. The truth is, none of us knows when this will turn, especially when minor changes in supply and demand can precipitate large moves in the price of oil. Everyone says they are in it for the long haul, but I suspect most will break on the rack of time and declining stock prices. It's good to know that I have friends here in this torture chamber. Pardon my periodic screams along the way. -Robert