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

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To: Bazmataz who wrote (19317)4/16/1998 11:58:00 AM
From: Czechsinthemail  Read Replies (2) of 95453
 
With oil prices up strongly today, I think this decline may be a head fake. Particularly for the shallower drillers, strengthening oil prices should help prop the dayrates which will flow through to the earnings.

Though you never want to underestimate the Chicken Little potential, I'm back in the hunt for more.

Baird
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