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To: Gary Burton who wrote (43589)	4/30/1999 11:24:00 AM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

I will modify my view to this extent--PGO does not yet show the requisite numbers of waves up. This is telling me that it is possible that OSX may regroup in here and go higher, as it is a little difficult for me to see PGO holding 16.38, which it 'must', if OSX sells off toward 69-70ish now...I am still holding PGO, so maybe osx is going to fool me in here and extend into the 80's ?(vbg)

To: Gary Burton who wrote (43589)	4/30/1999 12:02:00 PM
From: Brian P.	Read Replies (1) \| Respond to of 95453

If you're right that the OSX will retrace from ~77 to ~69, why would anyone want to sell these stocks now, only to buy back after a mere 10% average retracement--even if you could time that perfectly, which no one can? I don't understand these persistent take-your-profit-now arguments from some here. Seems like amateurish, wrong-headed, ill-timed investment advice--really classic investment mistakes. If there was ever a time in the oil patch to buy and hold, and buy more on 10% dips, now is it.