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

To: Linkdog who wrote (42257)	4/15/1999 11:36:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

FLC ...plus SLB HAL BHI say the fund rotation is still going on ... The 3 fund fav's surprise me today.... glad to see it, but I did not think that yesterdays Market move to Alcoa, Cat, Intnl Paper etc. would carry over to the OSX untill earnings were out and OPEC reported. This tells me that big money is scared $hi!less of the DOW valuations here.... food for thought. - time to sell/transfer my 401K index fund to cash - limited fund choices unfortunately.... no OSX choices... FLC is the most tempting of the risk plays imho. Got a little in the low $7's - building a major position here - at $8 and will sit in case we see $6's on a strong retracement if we get one... if not - I will add on sector strength post the OPEC release of compliance numbers... I still say that CEO Webster would have only left if they were taking (selling) his baby ! PS - If we see $16-18+ oil build over 2 years - FLC will be huge = a couple of models support $72 stockprice 2 years out at a traditional PE of 18 x $4.00 eps - gotta buy it as things improve..... to bad there are not some LEAPS on FLC huh....

To: Linkdog who wrote (42257)	4/15/1999 12:06:00 PM
From: Big Dog	Respond to of 95453

LinkCuz, Some industry folks I talk to think FLC has their neck stretched out on the block waiting for the guillitine (that big ole knife) to come crashing down. The not-so-minor risks remain construction delays/overruns, contract cancellation and oil prices. Mitigate those risks and you gots a bo-hemoth. big loosbrock.com

To: Linkdog who wrote (42257)	4/15/1999 12:10:00 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

Linkdog: FLC today - we be rippin'! quote.yahoo.com Looks like she gapped up on the open, then that big fat 400k whale hit the line, and she was off. Give that line plenty of slack here, boys, plenty of slack. Slider has to LOOOOVE those big blocks! Me too. Thanks for posting that info on the FLC valuation. "When rigs are stacked to the sky, GOTTA buy buy buy!" Technically speaking, I like PDE a touch better as it is closer to breaking out over the 200 day ma. But FLC is coming on strong, and once they break out it will be "Katie bar the door!" to 14 for the both of them, which will give the Bull a cool 100% on his money. Today, tomorrow, next week, next month? I dunno! But it coming! Oh, its coming. These chart patterns are coiling up for a big move. I'l see ya at the top.