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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Bazmataz who wrote (20026)4/22/1998 4:30:00 PM
From: upanddown   of 95453
 
Baz, Must be this if anything:

"Day said, "Due to the weakness in oil prices we can anticipate some decline in dayrates in certain markets, most dramatically in the Gulf of Mexico. However, our continued strategy of seeking longer-term contracts mitigates, to some extent, the near volatility in the commodity markets."

Street only likes dramatic increases.

John
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