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: Big Dog who wrote (81973)	12/18/2000 12:36:28 PM
From: Winkman777	Read Replies (2) of 95453

<<Everyone scared to say anything about this rally?>> Two weeks ago I was scared. Now with most of my losses recovered, I'm feeling a lot better. In the end fundamentals usually prevail. Like you said Big, increased capex. Shell's increase is actually bigger than 20%. From RIG board: <<Royal Dutch (RD) 55 7/8: The Royal Dutch/Shell group said it was planning to raise capital expenditure 43% to a total $12.2 bln vs $8.5 bln last year. The original 2000 budget spending target had been $10 bln. >> Let's hope it lasts. Winkman

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