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


To: diana g who wrote (57393)12/27/1999 9:29:00 AM
From: diana g  Read Replies (3) | Respond to of 95453
 
<<<Off Topic>>> **** SLIDER ****

As we all know, Slider pledged that if MEXP did not go to $4 by Christmas, he would never post here again.

I think that the fair thing for everyone else to do at this point in time is to assume that he is doing the honorable thing --- keeping his word.

Therefore, it would not be fair for anyone else to post disparaging remarks about him here, since he could not respond without breaking his pledge to not post here.

I hope that Slider will establish a new base.
Yahoo offers the possibility of starting what they call 'Clubs'.
---Bob Bowker, who many know and respect from his 'Labpuppy' oil commentaries, has started one of these which is directed toward long term investment in this sector.
---Slider could establish such a thread that would focus on the shorter term, opportunistic style he exemplifies. I'm sure it would be very popular and would attract a large readership.

Alternatively, he might prefer to simply post elsewhere without establishing a 'Home Base' at Yahoo as Bowker has done. Motley Fool, Labpuppy, and various Yahoo stock sites all would be possibilities.
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Slider --- If you send me a Private SI Message telling me where you are posting, I will post the information to the thread so that all will know where to find you.
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---It would be like hitting a man who's hands are tied to post disparaging remarks about Slider now that Christmas has passed and he cannot post here without breaking his pledge. Let's all be civilized and show Slider the respect he's due for being a man who keeps his word.

regards,
diana




To: diana g who wrote (57393)1/5/2000 11:27:00 PM
From: Dave  Read Replies (1) | Respond to of 95453
 
Nice call Diana re: the drop of RIG. I sold the latter part of December and am going to try to buy back at $25 to $26. What do you think?
Dave



To: diana g who wrote (57393)1/22/2000 9:29:00 AM
From: Razorbak  Read Replies (1) | Respond to of 95453
 
"Transocean Sedco Forex Reports Gulf of Mexico Incident Near Ship Shoal 332"

Oops!

Friday January 21, 7:32 pm Eastern Time

Company Press Release

SOURCE: Transocean Sedco Forex Inc.

HOUSTON, Jan. 21 /PRNewswire/ -- Transocean Sedco Forex Inc. (NYSE: RIG - news) said today that its second-generation semisubmersible drilling rig, Transocean 96, experienced an apparent anchor winch failure while under tow this morning, and an anchor dropped and damaged the Poseidon Pipeline in Ship Shoal Block 332 in the U.S. Gulf of Mexico. No injuries resulted from the incident. Oil was observed on the surface at approximately 10 a.m. at the site, which is located about 75 miles south of Houma, Louisiana. All appropriate governmental agencies have been notified and Transocean Sedco Forex has been informed that the pipeline has been shut in by Equilon Pipeline Company, which operates the pipeline.

Transocean Sedco Forex is working with Equilon's emergency response team and with all appropriate governmental agencies with respect to remediation efforts, which are already under way.

Transocean Sedco Forex is continuing to investigate the incident, but expects that insurance will substantially cover any potential liability associated with this matter.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In particular, statements regarding potential liability resulting from this incident are forward-looking statements that involve certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated.

Transocean Sedco Forex Inc. is the world's largest offshore drilling contractor. The company's 74-rig fleet is located throughout the world's major oil and gas drilling regions, including the U.S. Gulf of Mexico, Canada, Brazil, United Kingdom, Norway, Africa, Middle East and Asia. Transocean Sedco Forex Inc. specializes in technically demanding segments of the offshore drilling business, including industry-leading positions in deepwater and harsh environment drilling services. The company is listed on the New York Stock Exchange under the symbol ``RIG'.

SOURCE: Transocean Sedco Forex Inc.


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