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: Gary Burton who wrote (38950)	3/4/1999 4:56:00 PM
From: Gary Burton	Read Replies (1) of 95453

re VTS--Well I'm not exactly jumping for joy yet folks, with a new cost base of 11.125. I looked at a whole slew of osx issues this afternoon. Relative to their 50dma, only VTS,RIG,FLC,IO and MRL peaked below it today. Of these, IO would have to rally approx 15% more,FLC and RIG 10% more and PDE and MRL less than 5%... Then there's VTS. It would need to rise 44% from here just to get back to the 50dma at 12.95, which the majority of osx issues have already passed! Allright already, we know about the breakeven qtrs coming up.Welcome to the club. Now do your thing and rally like everyone else. It's not like you have any financial risk.

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