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: jim p. holcomb who wrote (358)	5/21/1997 10:42:00 PM
From: Bill Hyres	of 95453

Jim and All, Good reading material. I have a question. How does inflation affect drillers. Some are saying that inflation is there and we may regret the feds inaction as they may have to play catch up to late so what do the veterans of drillers have to say about inflation and drillers? I have been thinking about it but it becomes complicated from the new rig manufacture cost side to maintaining rig costs. Thanks Ray for the estimated revisions. That was great data. This last weekend I was at an investors seminar and one of our keynote speakers stated that increased earnings revisions are a big positive he looks for in stock picking. Bill

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