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

To: Harold S. who wrote (51914)	9/27/1999 12:01:00 PM
From: SliderOnTheBlack	Respond to of 95453

GLBL - anyone buying here, shortly ? ... close to becoming one of, if not the best 2-3 year value here... near 2 1/2 bagger range within 18 mos imho. GLBL is a $20 stock in the mid-late part of ANY Oilpatch cycle... was before & will be again - period. Simply money in the bank here. All of this reaction to dilution is way, way overdone. For the longterm oriented - GLBL's acquisition of ETPM was a "coup". Great move by Dore... GLBL's earnings capacity in subsea and given that subsectors upside here - and GLBL's expansion to leveraging their International presence via ETPM; has made this a load the boat on margin play starting very soon here... C'Mon - break into the mid $7's and it becomes a core hold of mine if it touches the $6's... PS - does anyone else feel that some of the upgrades here - are NOT for "our" benefit ? - why not wait untill Q3'w released and this selloff settles ? An "exit" - pre Q3 being created for the funds here by chance ? - paranoia, or reality...? Again; we are reaching some price levels in some stocks - where one "has" to be in here...at least in a 1/2 position imho... C'Mon UPR & GLBL just get it over with... MEXP is dead... no sellers, no buyers... no volume;the calm before the storm ? - we shall see.