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: marc chatman who wrote (21667)	5/7/1998 10:58:00 PM
From: j g cordes	Read Replies (1) of 95453

Marc.. the service group is acting enough out of sync with crude prices to make an obvious point you alluded to earlier, but I didn't get until yesterday. The takeover chatter and their insulation from direct crude/price linkage are two of the reasons. I got out of HAL puts today on the dip with a small loss.. it happens. Sometimes you have to pay for a little.. or I should say.. sometimes you have to pay because of a little knowledge. <g> Jim

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