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Gold/Mining/Energy : Pride Petroleum Services (PDE)

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To: PartyTime who wrote (419)5/6/1999 6:33:00 PM
From: lasearch  Read Replies (1) of 454
 
Noble Drilling's comments can be taken either as a good sign (potential industry consolidation... Pride a candidate for consolidation) or a bad sign due to idle assets (part of Pride's recent earnings woes comments). I'm out of the stock for now. More volatility than with the bigger drillers. Will wait for brighter days in early August.
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