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Non-Tech : Invest / LTD

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To: Thean who wrote (7908)	3/23/1999 11:08:00 AM
From: bw	Read Replies (1) of 14427

OS stocks actually holding up really well in a market selloff this morning. Will continue to hold NE and SDC, and bought some RIG @ 26 1/4 today. As one of us "oldtimers" in the sector, I am committed [probably I should be committed <g>] to holding these until at least 20% gain is realized. Not on margin, and I know that I can beat the 2% interest that muni's are paying... With the longer term outlook for at least $15 oil in place, the upcoming contract renewals for the deepwater rigs will be more favorable...since these deepwater projects are looking 1-2 years out. Anyone still following MMPT? As they say..."I could have been a contender", since I owned a ton only weeks ago at a mere fraction of the current price. AARGH!

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