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 (39089)	3/6/1999 12:47:00 PM
From: SargeK	Read Replies (1) of 95453

I just recently bought some VTS and my mystery find is UFAB as having possibly better potential than GIFI. The laggard in my group will probably be GLM. But its debt is in the right place for the future. Their two state of the art drilling ships (already leased) will be working by this time next year, so instead of being a drag on their balance sheet ( this year) they will be bringing in profits for years to come. The same damn analysts that are down grading sector earnings near term will be singing their praises within in a year and the prices will explode. Stamina and patience are the watchwords. K

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