Global Santa Fe (GSF) (formerly Global Marine) Message Board

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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Francis Chieh who wrote (519)	11/29/1997 8:06:00 AM
From: Jack Markowitz	Read Replies (1) of 2282

Francis, GLM is a one of the stocks followed by me at Jack's Picks jackm.com The current selloff is, as several here have said, nothing more than a repositioning by some institutions and some rumor action. GLM has a great one to three year outlook. They have consistantly done things behind the scene to build future earnings. This is reflected by the strong earnings increases. Those things, such as the purchase of two addtional rigs this year, are designed to keep the earnings growth. The rumor about the sector's bull run being over, was over done. There is a continueing expansion in the offshore drilling industry, which has not peaked and most likely will not for several more years. See ya, Jack jack@jackm.com jackm.com Jack's Picks

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