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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (39072)3/6/1999 9:58:00 AM
From: Gary Burton  Read Replies (1) of 95453
 
Big--re Petrobras--As I've noted in prior notes, I've still been waiting for one last low on RIG and PDE and possibly FLC. Maybe this will evolve into the catalyst to do so?? (declining eps forecasts alone won't likely do it, but maybe this is new bad news not yet factored in). I sold my PDE and FLC on this runup, in anticipation, but had no idea of what was going to put them down.So, maybe now we see a potential reason?--just thinking out loud
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