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

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To: Bazmataz who wrote (19691)4/20/1998 2:01:00 PM
From: bw  Read Replies (1) of 95453
 
Something is sure happening with GLM. Could it be that Ryan is stepping down? GLM, PDE, RDC,[&others] are all starting to show weakness today, and this could very well coincide with the Unocal cutbacks. Again, the shallow water & workover [PDE] business could feel an effect more than the deepwater drillers..GLM is also more of a "mainstream" stock, and could be more tied-in with the weak market today...
Somebody seems to know something negative in the wings concerning GLM. I thought that GLM would push to $26 in this round..
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