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

To: BigBull who wrote (49484)	8/18/1999 7:53:00 PM
From: kendall harmon	Respond to of 95453

I was surprised at the reactions of several here to the piece on FLC. Yes, there was the quote from Gustafson to keep it balanced, and the reporter did focus on the debt and past mistakes. But when you take the "conversion of a skeptic" line as your overall theme based on a meeting with the company it sure looks good as a whole. A very positive article on the whole for FLC--jury out but likely to be convinced is the feel I get.

To: BigBull who wrote (49484)	8/19/1999 12:39:00 AM
From: double-plus-good	Respond to of 95453

Whoa there bullski, we got a number of prime A rated bulls posting in these parts and a guaranteed legion of yahoobullian lurkers to boot. go on over there to the Yahoo MEXP board and those folks believe the posts on SI move stocks by 20 percent. if that were true TMR would be to 20 by now i reckon. RGO was a good pick me up from 4. Should of held on there bull. Of course MAVK has been no slouch either. If there's one thing I will learn from this cycle it is to buy the hell out of the pipe suppliers and land-drillers at the beginning of the cycle. MAVK, NSS, LSS, UTI, PTEN, NBR, ESV would have been the ace portfolio as of feb 1. FLC is my biggest holding left-over from those days of yore. I had huge positons in CAM, VTS, PGO, FLC, RIG and NE. I've partially rebuilt my VTS and held my FLC positions but the rest is pretty much long gone. Laggards like HOFF, TCMS, SCSWF, TMAR have been good replacements. I've been loading the NG enp sector heavily. EEE has been a good bottom feeder pick over the last few days. I've built a huge position in TMR. CRK and RRC are ace holdings going forward. So many horses to ride. But the real bullishness in my outlook is in long positions in the petroleum shippers. If your Asian energy contagion is on target these stocks should be bought. TK has an immense short position as well. Value stocks take time to develop but when the street decides to load, look out. ride the bull ++good

To: BigBull who wrote (49484)	8/19/1999 1:24:00 AM
From: Aggie	Read Replies (1) \| Respond to of 95453

BigBull, howdy Well.....I wouldn't call us grizzlies yet, but I'll settle for grizzled... As for R&B Falcon, I've been wrangling with those characters for years, and they are nothing if not consistent. By any measure, they are loaded up with debt and have near and middle term cash flow difficulties. Long term, they are a tempting roll of the dice - anybody that big has to survive, right? My contention is that debt service will sap rebounding revenues, and the stock performance will lag behind that of more prudent (low debt) contractors like DO and RIG. No bears here, I'm in the 'patch and hoe'in rows. Regards to All, Aggie

To: BigBull who wrote (49484)	8/19/1999 2:40:00 AM
From: upanddown	Read Replies (1) \| Respond to of 95453

Now Bull, don't forget...when you fell under a slider spell a while back and was bailin', some of us were buying.<ggg> Now that you're snortin' and pawing the ground again, we're with you. I just think that stock picking is going to become more important at this point in the OS cycle. John