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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (14100)3/8/1998 7:39:00 PM
From: HH  Read Replies (1) of 95453
 
Something that I am waiting for is GLM turnkey business
seems somewhat vulnerable if crude prices continue to fall.
This business isnt as profitable, but is seems reasonable
that there are more independents and smaller players
that might get squeezed and wont be able to sustain it like
a major. I am sure that Nat Gas plays a role in GLM turnkey business
but I am not sure of the degree.

If anyone who knows some fundamentals , I will appreciate some
input. Thanks

HH
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