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Gold/Mining/Energy : Varco (VRC)

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To: diana g who wrote (61)6/2/2000 6:23:00 PM
From: ceemcann  Read Replies (1) of 63
Diana g... It's very refreshing in this day an age to see an admission of error, however slight. For the record I haven't sold my VRC

Olivere (the analyst)states "current market prices reflect the near-term potential of marketing the two companies? product lines to customers, keeping things fairly quiet for a while."

SA also has their hypothetical portfolio which they just updated 6/1. "In the energy sector we have replaced Varco with Parker Drilling [PKD] and Forest Oil [FST]. Each of these stocks is undervalued on both a replacement cost basis and on a multiple-to-cash flow basis."

There Update is not 'bylined' and I don't know who pulls the strings but I imagine it's Kevin Pringel the owner. My amateur assessment is simple. There is more upside with PKD and FST. It makes me laugh that I'm giving you my assessment, total amateur.


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