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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Big Dog who wrote (10813)2/6/1998 8:47:00 AM
From: Lucretius  Read Replies (1) of 95453
 
I would not be playing around w/ selling calls at this pt. You're likely to miss a huge move and get called out. The premiums on calls have declined signif. for most drillers as well. The time to sell them was back in Nov and Dec. To do so now is behind the curve.

I saw this over on AOL so I want to set it straight: NE does not have another conversion to report. They will be reporting in the next couple of weeks that they are reactivating the Shelf IV semi. It will need some refurb cause it's been stacked, but should bring in 160,000 plus and should drop about .20 to .25 to the bottom line. This is not in the analysts earnings models yet. You do the math.

-Lucretius
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