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


To: Think4Yourself who wrote (64175)4/10/2000 2:36:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
From Dain Rauscher within the last 30 minutes:
* Domestic rig activity continues to accelerate through what typically are
the weakest months seasonally for drilling, the result of which may be upside
to our June-quarter numbers.
* International rig activity increased 8% from February to March, perhaps
signalling an earlier-than-expected turn on the international front.
* We would be aggressive buyers of oilfield services stocks following last
week's late-week sell-off. We expect bullish March-quarter earnings calls to
drive the group higher.