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


To: Filbert who wrote (62829)3/24/2000 10:59:00 AM
From: Think4Yourself  Respond to of 95453
 
Especially when they only have 16 rigs and none are available. I shorted a little at 23, and will take a major short position if the well catches fire. Their earnings for 2000 are not impressive, even before this incident. A forward PE of 35 seems a bit much under the circumstances.