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

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To: jim_p who wrote (66916)5/24/2000 11:29:00 AM
From: Terry D  Read Replies (1) of 95453
 
Report from Stiefel Nicholas today on NE - but talks about the upside breakout in GOM dayrates -

Jackup util now 97.7 vs 92.2 in Jan (only 3 rigs w/ immed. avail.)

300 ft - going for 38-40,000 from low 30's in Jan
350 ft - expect hi 40's to low 50's next round of rollovers

Also PRU did same today as Solly yesterday - lowered numbers for SLB for Cellent acq - BUT RAISED target

Also - SII insider selling 5000, that makes 11 sellers in the last 3 months dumping a total of 394,000 shares - for those of you scoring at home. Or even if you are alone.

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