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

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To: upanddown who wrote (19457)4/17/1998 7:39:00 AM
From: marc chatman  Read Replies (1) of 95453
 
>>There must have been some glitch in the dissemination of this news item because this would normally have been in heated discussion on this thread within an hour.<<

As far as I can tell, that item, while it is time stamped before noon and obviously came to the attention of the big players at the conference call in the morning, was not diseminated until after the close. I heard Joe Kernan mention it at 7pm, saying it just came on the wire. And check this out from DLJ news (note the time stamp 18:39):

ENSCO SAYS SECOND, THIRD QUARTER EARNINGS
CLD BE

SEQUENTIALLY LOWER
REUTERS
Rtr 18:39 04-16-98


dljdirect.com

I don't know whether all the small investors have reacted to this news, but given the impressive buying at 25 1/2 on up, I know where I'm a buyer.
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