Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (52591)	10/7/1999 7:33:00 PM
From: Big Dog	Read Replies (3) of 95453

As long as oil is above $19, the Dog gives a LL Bean-certified guarantee for Boom 2000. There ain't no guarante better than an LL Bean guarantee. Do you "load da boat" now to get Y2Boom compliant? I agree with Slider...if not now, when? Sure, maybe there will be a little more slippage...or maybe not. But this looks like blue light special time...especially with RIG which will become the mother of all drillers after the merger with Sedco. Sedco has been mismanaged and does not have a good reputation (not unlike many companes that are just divisions of much bigger outfits)...you can't run international operations by sitting in an office in Dallas. You gotta be in place...on the ground, eye-ball to eye-ball. RIG will "fix" all that and obtain max value from the Sedco rig additions. Watch for the analysts to gush over the new RIG after the merger details get aired and they start to "understand". (There I go using that word again...) big atoffshore.com

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