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: Douglas V. Fant who wrote (18901)	4/13/1998 9:06:00 PM
From: NucTrader	Read Replies (1) of 95453

>>where per him "accumulation is occurring right now"....<< He's got company. In the April 13 Barron's interview with Mike Rouzee, p.42 "Therefore the people who think the decline in drilling activity, which has been related to oil, is going to get worse are wrong. Demand for rigs is going to be better two years from now than it is now. It may not be better next year. But rigs are back to selling for book value - and you can't replace them for anything close to that price." On p. 47, Mutual Choice by Barry Henderson, in the interview with Al Harrison of Alliance Premier Growth Fund: "If selling Intel doesn't sound like bucking the crowd, consider what Harrison is buying: oil-service stocks."

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