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

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To: Linkdog who wrote (46085)6/8/1999 5:56:00 PM
From: Big Dog  Read Replies (2) of 95453
 
The Dog don't get all of 'em right, but now and then...

I feel good about RIG.

The story to watch is Marine Drilling. Dain Rauscher came out after the bell and lowered estimates (again). They say the new earnings estimates assume the Marine 700 works for Esso for $105,000 a day.

DR says look for oil patch values somewhere else. I disagree somewhat...I think sticking a little MRL, RIG and FLC in a sock will give some pretty good bang for the buck come Y2K.

All eyes are on how Marine plays out.

big
atoffshore.com
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