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

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To: john g. biggers who wrote (338)5/14/1997 5:40:00 PM
From: jim p. holcomb   of 95453
 
Hi John,

When I was talking to the officers @ ESV I mentioned GLM and they said that GLM has similar rigs (Premium Jack-ups) and is one of ESV's four closest competitors. The stock trades a heavy volume everyday because the price is less than ESV. Diamond Offshore is the premium deepwater offshore driller because they have Have more rigs with larger capacity. Both GLM and DO are excellent stocks for near and long term growth. I have DO's annual report and will probably invest in them later. I'm more into volume buying at this time with stocks like NE,RB and RDC. Jim.
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