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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies -- Ignore unavailable to you. Want to Upgrade?

To: jbe who wrote (296)	4/1/2000 6:03:00 PM
From: PuddleGlum	Read Replies (1) \| Respond to of 318

Interesting article. I'm hesitant to change any standards right now just because we suffered so long under the weight of declining or uncertain product prices. Did you notice that e&p stock prices didn't really start rising until oil clearly moved off of its highs? In order to maintain adequate supply these companies have to drill, and those with good reserves today will be precious a year from now. In the meantime, we may get some buying opportunities in this sector if money flows from here into to tech stocks, which is what I expect for this week.