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

To: Big Dog who wrote (63959)	4/6/2000 10:56:00 AM
From: jim_p	Read Replies (1) \| Respond to of 95453

Someone on CNBC the other day increased their target for KEG from $11.00 to $18.00. Jim

To: Big Dog who wrote (63959)	4/6/2000 1:35:00 PM
From: Think4Yourself	Respond to of 95453

KEG down 1/4 point. Guess the stockholders don't like the idea of KEG having less debt, or exchanging non-strategic assets for strategic ones. KEG does have a lot of debt, which would have killed them if OPEC had opened the taps. As it stands I am now reading so much about increased drilling in North America that it seems they will have every vehicle working by the end of the year. I wonder if that is why OEI is selling off. They haven't updated their debt numbers in awhile, but have been agressively paying it down (like XTO and many other EnP's)