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

To: Gary Burton who wrote (43746)	5/3/1999 9:09:00 AM
From: The Ox	Read Replies (1) \| Respond to of 95453

APA upgraded on Shell deal according to CNBC....

To: Gary Burton who wrote (43746)	5/3/1999 9:28:00 AM
From: SliderOnTheBlack	Respond to of 95453

< PGO receives $30- odd million seismic order from Petrobras > ...Still the best BUY in the Oilpatch - a ''real'' long ! Selling at 3.1 x 1999 cash flow - the lowest multiple of cash flow valuaion of ANY Oilpatch Stock covered by Saloman Smith Barney - of about 45 companies - there are Strong Buys - and then there are Stronger Buys- PGO is ''the'' BUY. Strong balance sheet, plenty of cash, Deepwater - Internationally diverse and most importantly a technology innovator and diversifying into the FPSO's bizz - which will be the 5-10 year story of one of the best short term & long term plays in the patch. Apache - hmmm , an E&P (bingo !) company acquiring a great portfolio from Shell - the ''right'' subsector - just a little to mid-large capish to enjoy a continued major ramp here, less nearterm upside than the micro/small cappers here, but a more longterm upside appreciation play. Is APA going to buy a bigger piece of the FXEN story in Poland - or, even the entire company next ? APA has some of the best potential portfolios in the Independant world going forward. ....what, no short targets anyone ? C'Mon - we know there has to be someone swinging from the ''darkside'' of the plate today.... Curious as to if the E Waves continue on track... PS Yiwu; lets keep those ''expectations #'s'' under our hat - we can only make these ''chip shot'' short plays while people are research deficient here....(VBG). Let the Cut & paste headline crescendo allow some more lemmings to board, just a little longer... C'Mon - Spam-Man, I know you're doing the neck-twitch thing at your keyboard now - give us a big 'ole fat Cut & Paste Bull-Pump here - C'mon.....