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: HH who wrote (19003)	4/14/1998 12:01:00 PM
From: Bazmataz	Read Replies (2) of 95453

<<No current plans for any use. Est cash flow this year will be 600,000,000 USD They have no cash needs. This is just to have some flexibility.>> Is it just me or is this doublespeak? Why get the shelf registration if you have no need for it and have no plans for its use? What's the point? With 600mil in cash flow, they don't have enough cash? I have two questions for this: 1. Huh? 2. What? Baz

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