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To: SliderOnTheBlack who wrote (42665)	4/19/1999 4:28:00 PM
From: Gary Burton	Respond to of 95453

IO....How you frustrate me!! This is the third time around, IO and I'm beginning to think your shareholders don't care about elliott..Why don't you take a page from PTEN..they seem to know..

To: SliderOnTheBlack who wrote (42665)	4/19/1999 5:23:00 PM
From: hitsoft17	Respond to of 95453

Slider, my complements and thanks to you and the rest of the regulars as well on the best board I read. I've been long DO, RIG, TMAR, and GLM since the bad old days last year and am finally crawling back.You folks have helped me keep tabs and faith in the sector. l guess I would like to throw my two cents worth in on the recent doings.... Technicals aside for a minute I think the OS group is facing a run away cash flood that will surprise a few folks. The boys on Wall Street call it liquidity, others calling having more cash than you know what to do with. When the Internet and tech players who sold today start looking for a place to put the proceeds, they are going to look to cyclicals and commodity based issues with the most obvious fundamentals they can find. They will match that to the best momentum track record over the last week or so and plug in the cash. I don't think it will take them long to find the single digit PEs and the momentum of the OS sector. They likely won't care what the price of oil is just as they don't care about the fundamentals of the Inet group. Granted some of the money will reposition into beaten down Inet and Techs but not nearly all of it. (Of course when the fever catches them they will jump back to the Inets and techs as fast as they jumped out). But I think there will be enough cash flowing in that OS stocks will jump dramatically in the short term. Anything other that a small trim of an OS holding right now could cost a bundle. Therefore, I am continuing to cautiously stand pat. Regards hitsoft17