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: SargeK who wrote (57980)	1/6/2000 10:09:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Analysts really pushing the Oilpatch - DLJ - RIG now TOP PICK ... some of us knew that back @ $24 didn't we ? Not so sure, there's going to be an great buying opp/blow off - $28 may be a point to add, enter if ever seen here. * Buying DO if RIG outruns itself here is a thought; DO as a "Laggard" play - whodathunkit ? - $28 looks cheap to me... GLM FLC PTEN reasonable, not much else looks cheap in driller land. FLC - still has those stacked rigs to bring later to the party & they'll be hitting the water running at peak dayrates - THAT will guaranteee a substantial upside surprise/analyst upgrade at some point in time. NBR getting downgraded from TOp Pick to BUY by one analyst, upgraded to Single Best Idea by another... E&P's upgraded all over... it's going to get interesting here real soon.

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