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: Big Dog who wrote (31570)	11/6/1998 10:19:00 PM
From: upanddown	Read Replies (1) of 95453

Careful, Big. I know from bitter experience that you don't want to be dissing a lady's children or cat or especially her dog. Husbands, you can run down all you want. She will encourage you.<g> The Bob Rose interview certainly confirms the earnings dependence on oil price scenario. I especially liked his point that their business is mainly with independents rather than Big Oil and that their customers are dependent on production cash flow to finance drilling activity. I always thought of it as dealing with megabucks giants. fool.com OTOH, Ron's chart certainly doesn't show show much correlation with OSX level and oil prices in 97 - 98. osxstocks.com Comments ? John

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