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


To: Terry D who wrote (48948)8/6/1999 10:24:00 AM
From: ChanceIs  Respond to of 95453
 
Is it be peevish to report first excursion of Brent over $20? <EOM>



To: Terry D who wrote (48948)8/6/1999 10:27:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<< PKD; +40% in 2 months is sweet. >>

...obviously; '' Pru '' did not see the Altman Bankruptcy Model predictor earlier...(VBG).

Brent to a 21 month high today.... can we continue and move into a new trading range ?

''FLC" is the driller/service stock play - per marc's post. ''IF'' we recover and the money flow stays here - FLC has the most leveraged upside and is the best value here. They are not unlike the highly leveraged, debt laden small cap E&P's who ran strong as soon as fundamentals were clearly positive. FLC ''calls'' may be very lucrative if the run has staying power... $18 certainly is not outlandish target pricewise...



To: Terry D who wrote (48948)8/6/1999 10:29:00 AM
From: Big Dog  Respond to of 95453
 
You bet Terry...I hope you have taken a small pittance of that 40% and invested in Offshore Drilling Bits... :)

Boom 2000...give that Dog some leash.

big
atoffshore.com