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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Bald Eagle who wrote (1399)3/26/1999 9:49:00 AM
From: Ram Seetharaman  Read Replies (1) of 2282
 
GLM is up today, though the upgrade is for others as below.

Friday March 26, 8:57 am Eastern Time
RESEARCH ALERT - Prudential raises oil stocks
NEW YORK, March 26 (Reuters) - Prudential Securities raised its ratings on 10 oil drilling companies, a Prudential source said on Friday.

-- Raised the following to an accumulate from a hold: Baker Hughes Inc. (NYSE:BHI - news); Cooper Cameron Corp. (NYSE:CAM - news); Schlumberger Ltd. (NYSE:SLB - news); R&B Falcon Corp. (NYSE:FLC - news); Rowan Cos Inc. (NYSE:RDC - news); Marine Drilling Cos. Inc. (NYSE:MRL - news).

-- Raised the following to strong buy from accumulate: Halliburton Co. (NYSE:HAL - news); Seitel Inc. (NYSE:SEI - news); and Ensco International Inc. (NYSE:ESV - news).

-- raised Transocean Offshore Inc. (NYSE:RIG - news) to strong buy from hold.

-- further details were not immediately available
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