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

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To: BigBull who wrote (48715)8/2/1999 7:45:00 AM
From: dfloydr  Read Replies (1) of 95453
 
Good clear analysis. Thanks BigBull. For those of us who have been following this patch over the past year, your post makes sense.

This is a VERY competitive business (read commodity) and any company still sitting on 1998 year end capex budget plans will be dead last to the finish line, if they ever get there. Laggards will be the ones to pay top dollar for everything once they do stir their bones.
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