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

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To: Biotech Jim who wrote (71249)8/21/2000 8:11:36 AM
From: BigBull  Read Replies (3) of 95453
 
A new Monolith is born - "My God! It's full of RIGZ!" ;o}

It will be very interesting to see how Wall Street greets this deal. How will the other drillers fare. More consolidation coming? Won't other mergers be necessary for competitive reasons? This is a huge deal! Will merger mania now hit the patch? Who are likely merger candidates? Will premiums be forthcoming to candidates?
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