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

To: SargeK who wrote (40278)	3/18/1999 8:49:00 AM
From: SargeK	Respond to of 95453

It's already David Cooper vs K on the Yahoo Club IBD board. David Cooper (in response to my blitz); "Cooper: "IBD Daily Industry price Oil and Gas Drilling up 16% since Jan 1, up 6.5% on Mar 17 but industry group is 170 out of 197. IBD says lets get this into top 25 and we know this is "ror real" I say the move in the Oil Service Sector is already "FOR REAL" and if you wait until the group is in the top 25 you will miss out on 60% to 70% of the move. The P/E on the S&P500 is sitting at a historically high level, the reverse is true for the OSX... BUY STRAW HATS IN WINTER!"" K

To: SargeK who wrote (40278)	3/18/1999 8:58:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 95453

Sarge: Just want to point out again that the consensus on this thread re: what OPEC would do (significant cuts) was far more accurate than that of the Wall Street analytical community. This is one hell of a group.

To: SargeK who wrote (40278)	3/18/1999 9:28:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Crude is bustin loose ! .... strap on those helmets boys ! Simply a classic, classic contrarian textbook lesson on commodity cycles, investor sentiment etc. hmmm; what looks cheap out there folks ? GIFI UFAB -are FREE MONEY - with their earnings & backlogs, RIG is cheap to all its peers, PGO VTS, I like NOI here as well. I love WFT CAM but these 2 look expensive on any earnings based model compared to peers and have allready exceed some analysts 1999 price targets ! SII is nuts - is anyone that spends ANY time in the Oilpatch buying SLB here ?... Amazing, but some stocks actually look pricey to me right here.... I've obviously spent too much time in the basement <VBG>... good luck all ! - man is it going to be hard; not to take another set of 20-30% profits here.....hmmm ? PS - interesting opportunity if we spike here and we well could; for options players - not my thing - but with a 20%+ move here very possible in days - interesting return potential.... comments from any options players ?