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To: diana g who wrote (57308)	12/23/1999 2:43:00 PM
From: Ditchdigger	Respond to of 95453

Thanks for the share info Diana,,I was playing the momentum,,so didn't do much research..The question is, can we milk a few more points out of it before the share flood date?..DD Down to 18 degrees now,,,gonna get colddddd!!

To: diana g who wrote (57308)	12/23/1999 4:38:00 PM
From: Dave	Respond to of 95453

I too closed out my RIG position today. Half the shares were a long term capital gain and I still don't have a good handle on the tax situation as previously discussed. I think we can buy back cheaper after the first of the year. FWIW and WDIK Dave

To: diana g who wrote (57308)	12/23/1999 9:32:00 PM
From: terry richardson	Respond to of 95453

Hi! Board, Have been lurking for a year and have to admit to missing RIG's latest move too. My reasoning, as well as also assuming that any changes to the index's would follow the Schlumberger adjustment in the new year, were that although it was being added to the 500 index it was also being replaced in the Midcap 400 so I thought it might be somewhat of a wash. I suppose the 500 has more funds matching it than does the Midcap 400. Does anyone have any insight on this angle? I have to admit to being somewhat of a neophyte in this area. Am I correct in expecting SLB to drop by about $5 once the RIG/Sedco deal is complete i.e. January. incidentally has anyone any thoughts on how this would affect January puts/calls...... I would expect it to be built in by now and don't follow them ..... the question is put only from the point of a continuing education. As far as gas supply is concerned, the following is from the Commodity Price Report for November at BOM's site bmo.com "Natural Gas prices retreated sharply in November, as warm weather in consuming regions reduced the demand for heating and led to a further build in storage levels. Additionally, the demand for natural gas has been blunted by increased availability of nuclear generation and ample hydroelectric capacity in the Pacific Northwest. Fears about winter deliverability that prevailed a month earlier have largely diminished," This might be referring to Canada only though.