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: Richard D who wrote (27248)	8/7/1998 1:02:00 AM
From: The Ox	Read Replies (3) of 95453

It's despicable! The same guy pounding the table on oil services companies when they were at their highest levels last year, now comes out today and says it may be 3 or 4 years before oil prices rebound. Unbelievable. What an idiot. Even if he's right about oil being depressed for 3 years, where was the call when these companies were 300% higher then they are today? Can you say capitulation? We may be nearer to the bottom then I originally thought.

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