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: chirodoc who wrote (6198)	12/29/1997 10:51:00 AM
From: Broken_Clock	Read Replies (1) of 95453

Awfully quiet on the thread. I guess the carnage over Christmas quieted down this place. Well. I went on vacation with a one day rally in progress and I come back to a rally. Glad I wasn't here to see the slippage in between! Anybody out there notice green today? On good volume no less? Sure hope today is a sign of things to come. If you're out there Glen, I talked to my cousin-in-law over the holidays. He is a manufacturers' rep for some big pipe companies.He learned the business from his Dad(over 35 years selling pipe). I asked him about EVI for you. He didn't know the company but he knew MAVK. He said the Asia thingy was definitely hurting their pricing. He had just done a big deal with Kelly pipe(a SoCal distributor) but at less price than earlier this year.I don't think that oil pipe is his specialty but they do sell it. He just got word of a $20/ton drop in price from the factories. Overall, business is going to be much tougher this year because of SE Asia(and elsewhere) competition...in his business(FWIW).

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