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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Ron Dior who wrote (46915)4/4/2002 2:34:08 PM
From: lh56  Read Replies (1) of 99280
 
hi ron, research call from b.c:

"Onshore drillers downgraded by Jefferies -- valuation
In pre-market note, Jefferies downgrades NBR, PTEN and PDS to ACCUMULATE from Buy due to valuation. Believes current share price already discounts a recovery in N. American drilling activity during the 2nd-half of 2002"

bought apr30 puts on PTEN.

larry
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