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: Bazmataz who wrote (14703)	3/13/1998 10:30:00 AM
From: Czechsinthemail	Read Replies (1) of 95453

Bazmataz, <Anyone think we'll see RIG below $40/sh again?/> I never thought we would see RIG below $40/sh last fall, so I guess I'd have to say I don't know. Like many others I've been waiting/hoping for a dip to pick up more. It hasn't happened. I think the perception of RIG as the class act of the deep drilling field has given it support while oil prices have been weak. It seems to have attracted lots of buying on any dips and hasn't had as much volume as other companies during selloffs. But you never know. Baird

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