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

To: Broken_Clock who wrote (37979)	2/22/1999 7:36:00 PM
From: The Ox	Read Replies (1) \| Respond to of 95453

Thanks PK, I'll have to go read BD's letter. I blew past it in my email inbox. The Noesis sight has been pretty accurate lately. No reason to dispute their position at this time. The comments from the Middle East about the possibilities of $6 oil should be a cold slap in the face of those who are long on hope only. At this time, I would say buying on hope looks like a disaster waiting to happen. At the same time, some stocks are down over 90% and maybe worth a look with the understanding that things may get much worse before the get better. MRL, GIFI, FLC, UTI, GLBL all trading at about the same price, about $6 per share. It could get even more ugly soon....