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

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To: Razorbak who wrote (54729)11/14/1999 10:58:00 PM
From: Ed Ajootian  Read Replies (2) of 95453
 
Razor,

Another great piece of work as always! Thanks for hacking out all the details here. I feel kinda "guilty", just throwing out these nonchalant questions, and you going and spending a coupla hours on the answer!

If in fact your analysis is even close to being right then it is mystifying why the market has reacted this way to this news. I may take a flyer on some of this stock tomorrow, but not a lot. I've had the misfortune to have had a fair amount of experience with high-priced attorneys in my life, and I have seen them produce results that were entirely unjustified, illogical, and lacking in what most would think as being equitable treatment of the litigants.

As you know I am a gambler, but I'd much rather gamble with Mother Nature (ie, the drill bit or the weather), than put a bet on which high-priced law firm is gonna outdo the other one.

Thanks again for your very helpful analysis.
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