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


To: Wowzer who wrote (49036)8/9/1999 10:44:00 AM
From: SliderOnTheBlack  Respond to of 95453
 
EEX - is a top choice, for speculative funds - huge upside & hated here...

''Couldn't find Oil in an Exxon Station'' - is this the ''Stinker'' of the Oilpatch, or what ?

.... EEX is a classic opp right here - sell off on bad drilling news... right when the fundamentals for commodities are taking off... If these guys EVER do hit one - to the Moon Alice will be a reality.... this really is an intriguing play right here - it sees its share of shorting & volatility for a trader as well... could be real interesting Rory. Fadel Gheit called Tom Hamilton the best man in the Oil Business a year ago; wonder if he still feels that way ? Damn, they gotta hit one here... don't they ? (VBG).

OEI - looking very, very good here - this will be the next Institutional fav' here shortly - has a $2-3 quick move here just to be at a nominal fair valuation - catching up to peers etc. imho.... Should be $13 today & like $16ish by XMAS & $20 (a double) by Q2 2000....

RRC - 40% freebie sitting here on a silver platter.... got filled on a limit at $5 7/16ths - limits set on down - as low as they wanna take this one ! First Energy JV is a WINNER .

Anyone taking OSX profits here - would do well rotating into RRC & OEI here - maybe dipping a toe into EEX & MEXP...



To: Wowzer who wrote (49036)8/9/1999 10:53:00 AM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Re EEX, Dain Rauscher put out a report this morning saying they were looking for $11, without any "drilling success" on exploration plays.

$8 million of the $19 million dry hole cost on the recent duster will be charged in the following quarter.

Boom 2000...tick, tick, tick

big
atoffshore.com