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

To: Platter who wrote (38547)	3/1/1999 10:35:00 AM
From: otter	Respond to of 95453

To all: It appears likely that I am going to come into some gains relatively soon, and (not to sound negative - isn't meant that way) it appears to me at least that the petroleum sector is beaten down so far it has nowhere to go but up - at least in the longer term. I am NOT knowledgeable about the sector, and the first inclination would be to invest in a sector fund... That said - 1. Any advice on which sector funds to look at? 2. Any individual companies that I should have my eye on? 3. I've spent some time looking at Falcon (FLC) and it seems to me that there might be a buying opportunity if you believe that offshore drilling is where its at. Any thoughts? Any and all comments would be highly appreciated. Thanks.