Date updated:08-14-2008
"These are not dot-coms. There is some worth here. But nobody cares. One day they will. The trick is to remain alive and in the game until they do, because we know, from the banks, that when they turn, and they will turn because their businesses are, long term so excellent and steady, you will not be able to get into them. You will, by nature, be too late. Sometimes you have to lose some big money to make some bigger money. That's how I feel about these stocks at these levels." - Jim Cramer

-
FLR
Fluor Cp (new) - $43.07
- -2.34%
- $42.74
Fluor, first of all, guided up very big, one of the biggest I have seen, so for this stock to be down 10% seems absurd. Foster Wheeler now trades at less than one time its backlog, a solid backlog put on mostly when oil was substantially lower, so there is almost no chance of cancellation.

-
FWLT
Foster Wheeler Ag - $30.35
- -3.34%
- $30.15
Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

-
MDR
Mcdermott Int Pan - $21.01
- -2.64%
- $20.58
Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

-
NOV
Natl Oilwell Varc - $43.30
- -3.52%
- $43.01
It is also how I feel about National Oilwell Varco (NOV), with an order book that, again, is the envy of the industry and, again, just needs natural gas above $7 and oil about $70 to make the numbers for at least the next three years. Unfortunately, the pain of sticking with stocks like Fluor and Foster and National Oilwell is beyond the ken of most mortals.
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A. The only one I own : SLX,
too hard pick a winner out all of them
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