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

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To: marc chatman who wrote (57316)12/23/1999 2:56:00 PM
From: dmccoach  Read Replies (2) of 95453
 
Could someone please kick OEI in the behind... man, what a drag watching this stock... seems to be a bunch for sale at $7 3/8... In reading through the 10Q, it sounds as though they are on the right track... If they made .16 per share last quarter on substantially lower oil & NG prices, this quarter should be excellent... the earnings estimates have come UP from 90 days ago, they paid off a chunk of debt and are funding exploration from Cash from operations at $500M next year... what am I missing? Anyone smarter about this company than I am?

Dan
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