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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Thean who wrote (18229)4/6/1998 8:59:00 PM
From: Bazmataz  Read Replies (2) of 95453
 
I agree RDC should be hit tomorrow. This news centers around the core of speculation regarding whether or not they will do well with the rigs they're building on spec. It should cast doubt on their ability to muster a good deal. It does just that in my mind. Could this ESV news be related somehow to GLMs weakness recently? Does GLMs exposure in the GOM somehow make it more vulnerable to news like this? My suspicion is that it does.

Baz
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