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

To: SliderOnTheBlack who wrote (60168)	2/11/2000 2:09:00 PM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 95453

XOI down, UCL on great news hit new 52 week low, EOG down with huge buyback approved, APA down, HAL $35 ? Look at all of these Institutional fav's like MRO P COC OXY - the XOI ... all good indicators - early warning ? of what Institutions are thinking. I am not saying, dont buy weakness here - because I am and the Street does have the OPEC "thing" wrong - but, we have weeks to get whipsawed here - and I would be cautious on margin... The indiv investor, margin player - traders are in OSX stocks . When Big Oil's, Super Independants, Integrated's and Institutional fav's show weakness - listen ! I would be VERY carefull here on margin, let alone full margin and I would sell spikes . I would however, nab some $11ish FLC for example for core longterm hold positons, or cheap HAL, BHI - but, I agree with JimL that the high flyers like BJS WFT CAM SII ESV on these spikes are short magnets on ANY wavering from OPEC. Full margin in this environment is GAMBLING - period. We have an event, to where a 20% break in days; in either direction is possible. A wrong guess on "full margin" of a 20% break could wipe one out... I think one can trade here, one should keep the blowoff bottom plays for longterm holds like bottomfishin in BSNX, or FST here lately, or weakness in FLC DO - one can nibble here; but loading up on OSX, or E&P's here on margin is not without risk - also, I would rather have my margin for leveraging a bounce off of a blowoff - because they are still coming. I would entertain "margining" UCL, OXY or P here a "bit" on further weakness, but not most OSX names at these prices, or the usual suspect list of E&P's here... we could easilly see another 5% to 7.5 % weakness - that could equal a loss of 15 to 22.5% on full margin.... Just hold untill we find out what OPEC is going to do - the coiled spring ride won't all unwind the first day (VBG)... Also, a Dow-NASDQ blowoff has to be factored here - maybe we get the best of both worlds - pre OPEC meeting ? A market meltdown that takes the Oilpatch down with it - which it would initially... then we can margin that blowoff a bit - pre OPEC ?

To: SliderOnTheBlack who wrote (60168)	2/11/2000 2:14:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

Slider, Your instinctive grasp of the obvious is uncanny, especially with hindsight! Slider: "With no Institutional ownership to speak of; the shorts can and will run stops on this at will; a panic blow off sub $5 will trigger massive margin calls - we have not seen the real "stop run" yet - we will." Thanks for helping me make my point. Small & Mid-Cap companies are especially vulnerable to your manipulative type attacks. Companies such as Friede have to made aware of the effectiveness of manipulative internet activities on low liquidity issues. More importantly, they and other small companies MUST develop strategies to counter act the destructive nature of WELL FUNDED EXPECTED attacks. It is no longer enough to BUILD a company, Management must also vigorously emphasize their own strengths and defend their strategies for growth and prepare to counter-ATTACK the concentrated forces of manipulators like yourself and your employers. You're right, it is NOT personal; never has been. It's about your attempts of manipulation and MY efforts to EXPOSE them. FGH just happens to provide a damn good example of what happens between the peaks and the valleys ---- down, up, down and UP, again! It ain't over 'til it's over, little cretin! SargeK

To: SliderOnTheBlack who wrote (60168)	2/11/2000 3:26:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

Slider, Re: Tidewater (TDW) Your remarks cannot go unchallenged! "Sarge, I am not sure that TDW is reflective of "deepwater" health, or demand" "You lose major credibility with statements, or observations like this imo." Your "IMO" is like a..h..s, everyone has one! HERE ARE THE FACTS: Tidewater, PEG (5 year): 22.3% Estimated Earnings: FY/00 (March)$1.16 FY/01 (March) $1.53 Only a 32% increase! What a loser! Current financial situation: "The company said it expected to fund the program using its current cash balances, which exceed $150 million, its projected cash flow and its existing $200 million line of credit. Currently, Tidewater is debt-free." biz.yahoo.com What's this? TDW has emerged from the worse cyclical depression in history ? WITH NO DEBT AND $150m cash PLUS (and an existing $200m credit line) with plans to UPGRADE its fleet AND the Street and the parrot (Slider) sez NO! Give me a break! (NOT the left knee, please!) William O'Malley TDW/CEO is obviously a novice with no notion of what to expect in the Oil Biz! >g< This is what he has accomplished: Tidewater: "Tidewater Inc. provides services and equipment to the offshore energy industry through the operation of the world's largest fleet of offshore service vessels and is the world's largest provider of offshore supply vessels and marine support services serving the energy industry. With a fleet of approximately 685 vessels, the Company operates, and has a leading market share, in most of the world's significant oil and gas exploration and production markets and provides services supporting all phases of offshore exploration, development and production, including: towing of and anchor-handling of mobile drilling rigs and equipment; transporting supplies and personnel necessary to sustain drilling, workover and production activities; and supporting pipelaying and other offshore construction activities." biz.yahoo.com "685 vessels"???? - Halter has constructed over half of them and Halter is NOW a part of an even BIGGER team. Again, if NOT FGH to secure this business "WHO"? NO ONE answers this question because they either don't HAVE one OR REFUSE to provide the obvious! Sometimes a "verifiable" record of fact kinda gets in the way of Street & Parrot (read Mouth 0n The Black) - Hype & Spin! Have a good day, little cretin! SargeK