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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (9868)3/24/2002 2:09:34 PM
From: TheBusDriver  Read Replies (3) of 36161
 
<<Baker Hughes cuts profit forecast on lower rig use>>

Think I posted about this several weeks ago. Prez. says he hopes 6 mo. to 1 year max. Mostly effecting US becuase it is gas, Europe is unchanged, mostly oil. Warned if it gets worse we might have layoffs, right now status quo.

I just got the biggest bounus I even have in 20 years in the oil patch. Training is going bananas in my company for Eastern Hemisphere: Europe, Asia, Mid. East, Africa.

Think the top is forming....

Wayne
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