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: Czechsinthemail who wrote (19493)	4/17/1998 12:01:00 PM
From: Broken_Clock	Read Replies (2) of 95453

Baird ... you can throw in TDW with ESV as far as I'm concerner...WAY oversold... OK, I'm gonna hype it one last time then that's ALL the chances you get. TDW had two blocks of May 40 calls(100 & 110) bought the last two days on dips. Today on the dip some one(?) bought 400 May 45s at 1 1/16. Another buyer(same?) sold 1200(!) May 50s on TDW at 3/16. They arefigurin' TDW at higher than 45 and under 50 by May exp. and I'm figurin' it's the same buyer/seller today, at least. TDW will be buying 200 million worth of shares ...EDIT: at 45/share(what they paid last time) that removes 4.5 million shares from TDWs 52 mil. float. Add that to the 3.3 mil. they just bought and that's 7.8 mil. shares off the market for now. OK...update shows 800 July40s bought at 4 3/4...

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