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

To: SliderOnTheBlack who wrote (62111)	3/14/2000 12:24:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

VRC is a double your money pick? Yeah, but they left out the most important part - "double your money in two years". PTEN was up 600% in one year! OOooooopseeee doooo! Gettin' close on PGO. Whatever comes first PDE @ 16 FLC @ 15 or PGO @ 16.

To: SliderOnTheBlack who wrote (62111)	3/14/2000 9:40:00 PM
From: chowder	Read Replies (1) \| Respond to of 95453

Hello Slider! I saw some interesting comments from the brokerage houses earlier today. Global Industries, (GLBL), had their 2000 EPS estimates adjusted due to weaker-than-expected demand, particularly in the GOM. Although bidding activity continues to increase in volume, I find it intriguing that earnings estimates were established higher than what was realistically obtainable, especially since everyone concluded that this time of year is when activity slows a little. Marine Drilling, (MRL), had their first quarter estimates lowered because day-rates haven't climbed as quickly as anticipated and utilization rates have slipped in the GOM. MRL was operating at a 100% utilization rate last quarter, in the GOM, and it is known that seasonal activity knocks a rig or two out at this time of year. I suppose it provides an opportunity to buy on the expected dips, if one is so inclined. I lucked out today Slider! I was one of the few who got hit on RRC at 1 15/16. Now we'll see if I made the right move here. I'm still not as confident on FGH as you are, even though it's volatility provides opportunities for profit. I'm not looking for any long term holds here, until after OPEC's meeting. So, I'll pass on FGH for now. There's still time to ride that horse. Thanks for your input and the effort you put into your research. dabum