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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: double-plus-good who wrote (51806)9/24/1999 11:34:00 AM
From: k.ramesh  Read Replies (1) of 95453
 
APC APA BR MRO UPR all look terribly overdone .
Cannot fathom the logic here, Granted the drillers are up largely on future potential, but these guys should be raking it in.
This after announcements by APC that cash flow is going to be 30 % higher, UPR saying that it is going to be prudent and cut down debt, After both UPR and BR have bought up canadian gas which is good long term.
Unless winter has been officially cancelled due to Y2K...
Volume on UPR looks pretty moderate though
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