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 (16047)	3/23/1998 8:41:00 AM
From: marc chatman	Read Replies (3) of 95453

Ahem.... Briefing.com reporting that FGII is indicated about +2: 08:34 ET Good News / Bad News on Oil: Saudi Arabia, Mexico, Iran, Venezuela apparently agree to cut production. Oil futures have jumped, and oil and services stocks could be a focus today. Friede Goldman Int'l Inc. (FGII) indicated almost two points higher. Airlines could have some of the air taken out of them though. Anyone thinking about buying at the open should consider that they will be paying about 5-10% over Friday's close.

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