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To: Johnny Canuck who wrote (21618)6/22/1999 12:26:00 AM
From: Suresh  Respond to of 68333
 
Hi Harry,

Investors need look no further than Hutchinson Technology Inc. (HTCH 28 1/2 +1
7/8) to confirm the change in market sentiment... Stock rallied 7% after
management warned of a Q3 loss in the $0.18 to $0.23 per share range...


how convenient for briefing guys to miss the real news in the press release. HTCH was upbeat looking forward.. as they always are. This happens again and again to HTCH, ETEC. It always amazes me :)

Later,

Suresh



To: Johnny Canuck who wrote (21618)6/22/1999 1:30:00 AM
From: Johnny Canuck  Respond to of 68333
 
Daily rental rates for offshore oil and gas drilling rigs fell
for the 13th consecutive month in May, drilling contractor Global
Marine Inc. said on Monday. GLOBAL MARINE INC said its SCORE index
of worldwide dayrates for offshore rigs fell 11.3 percent to 26.04
in May from 29.37 in April. The May index was down 64.1 percent on
May 1998. Global Marine President and CEO Bob Rose said in a
statement that although rates had continued to decline in the Gulf
of Mexico, the number of rigs at work there was on the rise again.
(Reuters 05:52 PM ET 06/21/99) For the full text story, see
infobeat.com