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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Gary Burton who wrote (45908)6/4/1999 12:43:00 PM
From: Harold S.  Read Replies (2) of 95453
 
MRL....Can someone tell me why, if MRL was worth 30+ back in the last oil bull that it would not be worth the same 30+ in the coming bull? The last 30+ was without the 700 or the 500, so why do we tank on the POSSIBILITY that the 700 may be contracted at a lower rate? Doesn't MRL still have other business besides those two new rigs??? I think this is an over-reaction and one hell of a buy here under 12.
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