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To: Think4Yourself who wrote (61096)	2/29/2000 2:43:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

"Q" - PGO has FPSO's and IS deepwater seismic - does land too - see the PR ... with P here - which got ZERO response. Read some analyst reports on PGO - another cakewalk to 50% upside here, there will be no BOOM 2000 without $22-26 PGO ($30 wouldnt surprise me. "Q" - go back and look at the chart for the spring of 1998 for VTS - it was THE momenteum stock. SEISMICs pour earnings to the bottomline when things start cooking... Some of the small cap E&P's overbought seismic - MEXP BEXP had to give stock warrants to pay for them etc; but there are tons of prospects yet to be mapped & their data libraries are like fields being planted...ready to harvest. Both of these are core holds in my non-trading LT portfolio - big, core holds... and great traders as well. PGO is one of the premier LT plays because of their FPSO niche - when the GOM opens up;PGO becomes a runner... They beat SLB here on the P contract - LARGEST IN HISTORY ! and the stock didnt move... =================================================================Thursday February 24, 8:31 am Eastern Time (Note: this article is ``in progress'; there will likely be an update soon.) PGS says wins big Phillips seismic deal OSLO, Feb 24 (Reuters) - Petroleum Geo-Services (NYSE:PGO - news) said on Thursday that Phillips Petroleum Co (NYSE:P - news) awarded it a major seismic contract to survey China's Bohai Bay. PGS said that the deal was ``the largest multi-component seismic contract in the seismic industry to acquire and process a data set for Phillips Petroleum Company. The project will start in the spring of 2000 and continue for several months.' It did not give the value of the deal. ``This multi-component data set will be acquired over the PL 19-3 field in China's Bohai Bay,' it said. PGS said it won the contract after a competition with Schlumberger.