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

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To: marc chatman who wrote (47167)7/6/1999 9:03:00 AM
From: marc chatman  Read Replies (3) of 95453
 
FWIW (not much probably), Seth Tobias on CNBC earlier this morning spent a minute or two pumping FLC. His comments were very positive on energy, and he said that he is playing it through drillers and service companies. He believes there was a big draw in crude and ng this weekend. He expects capital spending to increase into next year, and he also expects consolidation in OS to catch up with consolidation in E&P. He mentioned NBR as another stock he is buying or has bought.

I don't know what the guy's track record is or whether he is being honest, but his comments should be could for about a 1/16 point surge at the open.
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