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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Thean who wrote (7130)1/8/1998 4:49:00 PM
From: pz  Read Replies (1) of 95453
 
I called GLM (Global Marine) a few minutes ago, so that I could sleep soundly tonight. They say that earnings will be released next Thursday and that the earnings will be in line with expectations. They also said that rig rates are continuing to increase and that no slow down is seen or expected. Also most rigs are contracted for all of 1998.

Sure didn't hear anything negative.

Paul
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