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: marc chatman who wrote (15019)	3/17/1998 11:07:00 AM
From: Lucretius	Read Replies (1) of 95453

Interesting note on NE that I saw on AOL the other day. Thought I'd pass on a little perspective from a factual tidbit on this day of dismal activity..... At an oil service breakfast in Houston last week, James Day (NE's CEO) noted that 1/2 of NE's rigs are K'd thru 1st qtr of 2000. I'm sure others are in similar positions. Big Dog: did you go to this breakfast? Keep perspective people! Take advantage of these dives. Buy when all hope seems lost based on what actual value is, not when fear or greed call for it. It has always worked for me. :) -Lucretius

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