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: Thean who wrote (19037)	4/14/1998 6:33:00 PM
From: Gator II	Read Replies (1) of 95453

Thean...I, too, have noticed that analysts have been shunning the sector yesterday and today but I didn't think they were last week. It seems that the majority of them were hyping the drillers until earnings were upon us. Something I find a bit disconcerting is how little both GLM and RDC have reacted to what were good earnings albeit expected. Yesterday RDC was down 3/4 and today up 9/16ths. GLM was up a net 1/16th for the same two days. That's a net increase of only a quarter of a point for both of these pacesetting drillers after MEETING expectations...Imagine if they had disappointed and the effect it could be having going forward. Thean, thanks for all your great input and good cheer. This string is very fortunate to have your good sense and advice IMHO-- Gator

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