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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (28294)8/25/1998 1:37:00 PM
From: marc chatman  Read Replies (1) of 95453
 
Re: CXIPY. I understand the flexpipe produced by CXIPY is different in its purpose from the drill pipe which EVI manufactures (one of the oil gurus on the thread once explained the difference). But perhaps the feeling is that if EVI has experienced a weakness in the demand for its drill pipe in deep water projects, then CXIPY will also have a problem. I'm not sure, and it's nothing more than speculation looking for an answer, but the recent market action, especially today, says someone doesn't like something. If those funds are dumping like you say, perhaps it's because they know something.
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