Word: walls
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Dates: during 1990-1999
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...also see her head shot on the wall at Pinocchio's. Harvard has very much enjoyed Hancock's triumph...
Most crucially, find a place to watch. Failing the bleachers, opt for the common rooms of baseball fans who share your addiction. This is of particular importance when you're apt to put a foot through the wall after a muffed double-play ball, or fling furniture after, say, Mark Wohlers hangs a slider...
Hardly a day goes by when some Wall Street analyst doesn't knock the oil-services industry. These companies, which help the oil giants explore and drill for crude and natural gas, were market darlings from 1995 to 1997, but now have more detractors than anything west of Indonesia. Though many oil-service firms are already trading near two-year lows, analysts' earnings estimates for them will soon be revised further downward. No brokerage will want the likes of Halliburton or Schlumberger on its "recommended" list. The gloom around these stocks is only deepening. And I am buying them hand...
...against Wall Street? Because I'm watching the relative handful of folks who know more than the analysts. Insiders--the executives who run most oil-service companies--are buying company stock. And they're doing it massively and unrelentingly, with a voraciousness I haven't seen since just after the 1987 crash--when insiders scooped up cheap company stock that made them fortunes...
What do these insiders see that Wall Street doesn't? Are they thinking that oil prices can fall no lower than they have? Do they know something about OPEC that we don't? No. What these executives see is that their stocks' prices reflect overly pessimistic assumptions by Wall Street--just as those stocks reflected overly optimistic assumptions when many of the same insiders were selling frantically a year ago, for double and triple today's prices...