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

To: Think4Yourself who wrote (39562)	3/11/1999 8:01:00 AM
From: paul feldman	Read Replies (1) \| Respond to of 95453

Brent crude gapped up .90 overnight

To: Think4Yourself who wrote (39562)	3/11/1999 9:20:00 AM
From: JungleInvestor	Read Replies (2) \| Respond to of 95453

Ken, you must like VTS a lot to have bought it on margin. VTS is my favorite OSS stock and comprises my largest position (I also bought some on margin). During this runup in oil and OSS stocks, I sold my OSS stocks (except VTS and RIG) because they ran up quickly and loaded up on more VTS and a whole lot of FLC at 6 3/8. FLC has been hammered because of worries that continually falling oil prices jeopardized their financial viability due to their high debt, rig cancellations and worries about falling rig rates. At these oil prices, their financial outlook is a whole lot better. Both VTS and FLC were much higher in November when oil prices rallied (VTS - $22/share and FLC $16), so they are definitely lagging other OSS stocks here. I expect that they will soon catch up. By the way, I'm upset with you because you didn't post earlier that you were shutting off the computer and TV to not be tempted to sell. This may have prevented me from prematurely selling RIG yesterday (VBG).