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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (48079)	7/16/1999 10:18:00 AM
From: BigBull	Read Replies (1) \| Respond to of 95453

Slider, A few OS company's have reported earning GLM, IO, Mavk etc. IO's were predictably horrible - the stock went UP! MAVK ditto. So far only a mild pullback. Big intraday reversal on MAVK. Bullish one. GLM not hit too bad. What's with NOI? Sheesh what an animal! Maybe even VRC has a chance? Any dips in micro E&P's are being bought by yours truly. 18 to 22 wti makes them KILLAHS. Waiting for RRC to dip to 5.5 before it's mine. The Bollinger bands on PDE are gettin REEEEAAALLLL tight. Will buy on any upside break out. FLC @ 10.75? Call me amazed! Maybe the whole OSX bear raid was conducted on FGI/HLX <gggg>

To: SliderOnTheBlack who wrote (48079)	7/16/1999 10:34:00 PM
From: Gary Burton	Read Replies (2) \| Respond to of 95453

Slider--I agree with you-the OSX chart looks awfully toppy to me. I still think we are going back towards the mid 60's so I'm out completely now. I also think the overall market is setting itself up for a 15-25% move down so I'm 93% in cash at the moment. my2c

To: SliderOnTheBlack who wrote (48079)	7/17/1999 8:46:00 AM
From: Robert T. Quasius	Respond to of 95453

Five SEC form 4s have been filed for Abraxas Petroleum. The 75,525 shares bought on the open market mostly by officers is very significant, especially on top of previous heavy insider buys at higher prices. When the insiders of a beaten down stock are this bullish, a turnaround is almost always in the works. Lee Billingsley, VP, bought 3,975 shares @ $1.21 - 1.28 Robert Carrington, Dir., bought 16,894 shares @ $1.21 - 1.28 Robert Watson, Pres., bought 33,787 shares @ $1.21 - 1.28 Stephen Wendel, VP, bought 3,975 shares @ $1.21 - 1.28 Chris Williford, CFO, bought 16,894 shares @ $1.21 - 1.28 With this stock's heavy leverage, today's higher commodity prices free up a tremendous amount of cash flow from debt service, and given AXAS's huge inventory of world class drilling prospects, there is tremendous share price potential here!