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

To: Roebear who wrote (60718)	2/22/2000 3:34:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Natural gas storage report just released by DOE/EIA. eia.doe.gov NG really selling off today with mild weather but we could still get a nice draw this week. Report shows that average temps in the four gas-consuming areas used by the EIA were a total of 1.85 degrees above normal last week while in the previous week, temps were 6.43 degrees above normal and we got a 158 draw. Average temps are slowly rising as we progress thru February but we could still get maybe 175. February draws for the last five years have averaged 380 but it looks like we will do 500+ this year. A quick rally in NG could occur if we get decent numbers this week especially if the weather turns colder. John

To: Roebear who wrote (60718)	2/22/2000 3:41:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Is anyone making money in Shipbuilding ? ie: now Kvaerner exits the sector... One bad news story after another in the shipbuilding sector and now Kvaerner, we saw where HLX was heading... does this sound like a market environment to get top $ for Shipbuilding assests FGH-fans ??? ... more shoes to drop - bank on it. You "aint" ever got the full story, the real story and nothing but the story from these guys yet ! Energy News Tue, 22 Feb 2000, 3:26pm EST Kvaerner Posts Fourth-Quarter Loss Because of Costs to Stop Building Ships Kvaerner Posts 4th-Qtr Pretax Loss of NK724 Million (Correct) (Corrects to show comparison figures are for third quarter of 1999.) Oslo, Feb. 22 (Bloomberg) -- Kvaerner ASA, an Anglo-Norwegian construction and oil equipment company, said it slumped to a fourth-quarter loss as it took charges to exit shipbuilding. London-based Kvaerner's pretax loss was 724 million kroner ($88 million), compared with a pretax profit of 36 million in the preceding quarter. Analysts were expecting a loss of 683 million on average, according to a survey by SMA and Norwegian news service TDN Finans