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: Czechsinthemail who wrote (15091)	3/17/1998 3:35:00 PM
From: Tulvio Durand	Read Replies (1) of 95453

The "surprise" out of this wailing and gnashing of teeth period, is that the offshore drilling companies will continue to turn in extremely strong earnings. What we are seeing more than anything else is a projection of fear into the future. I could not agree more with what you say. The 'earnings' is the reason for being in these stocks, and if we do look at ourselves as owners of these great money making machines then the presently aberrant market behavior should not diminish our enthusiasm. Tulvio

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