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

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:04:00 PM
From: Think4Yourself	Respond to of 95453

You may be right. My main point is that I am not about to chase tech here. To me it has a ways to fall yet. From what I can tell reading stock threads many of the tech investors? are highly irrational and emotional, in both directions. It has also been my experience that, in a market like the one we appear to be entering, earnings are looked at when folks are forced to sell, and earnings are key to basic portfolio additions. Not sure how valuable that experience will turn out to be. If I were going to buy OS/OSX I would be looking for those with a lot of international exposure vs just North America, especially if they are mostly oil oriented. I don't believe their will be a lot of oil drilling in North America this year, BWDIK.

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:08:00 PM
From: Post_Patrol	Read Replies (1) \| Respond to of 95453

Looks like OSX 85 right around de-corner.Sell um all now and just "GET WITH IT" Your friends at the Patrol Good luck to all you "know-it-alls" (VVVBG)

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:09:00 PM
From: S. maltophilia	Respond to of 95453

Looks like Moody's finally got around to reading the 10K-- interactive.wsj.com^FGH NEW YORK -- Moody's Investors Service Monday downgraded Friede Goldman Halter's (FGH) $185 million of 4.5% convertible subordinated notes due 2004 to B3 from B2. The notes were issued by predecessor Halter Marine. Moody's said the company's senior implied rating was also lowered to B1 from Ba3, and its senior unsecured issuer rating was lowered to B2 from B1. Friede Goldman's $120 million secured bank borrowing base revolver and $44 million secured letter of credit facility have not been rated. The outlook remains negative. Moody's said the downgrades reflect Friede Goldman's lean liquidity, negative new order and cash flow trends, contract settlements that require the company to fund at least another $66 million in cost overruns out of its own pocket, financial exposure to its ability to henceforth perform under the new Ocean Rig (Y.ORG) and pending Amethyst amended contracts, and stiff competition for new business. Friede Goldman also risks its ability to bid and win new business if availability under its bank letter of credit facilities is impaired due to future covenant breaches, Moody's added. Friede Goldman is headquartered in Gulfport, Miss.

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:12:00 PM
From: Cape Blanco	Respond to of 95453

Just sold the Jan 01 35 UCL puts @8 1/4. I think your right about margin calls on the small stuff. BR is a rock.

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:12:00 PM
From: Winkman777	Read Replies (1) \| Respond to of 95453

Buying heavily here - almost to margin. IMHO FLC is the blue light special today. Also RIG, and some TDW and PDE. Good luck all. Winkman EDIT: Loaded FLC at 17. Reminds me of recent APA at 33 and RIG at 24. 50% to 100% probable IMHO

To: SliderOnTheBlack who wrote (64770)	4/17/2000 1:43:00 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

Slider, back in the real world, far from the emotion ruled stock market. Real contracts, for real money, between real companies are starting to be signed. Witness HAL: quote.bloomberg.com I still remain incredibly bullish on the patch. There is a strong possibility that crude may finally be trying to set in a bottom. Every day that the price holds in here strengthens that possibility. Not surprisingly the short term technicals are close to flashing a buy signal on May crude. I expect that the seasonal build period is finally upon us and do not expect US crude stocks to start declining until May sometime. If crude prices and the OSX can hold through this period I will count that heavily in favor of a run to 140 OSX. If the OSX continues to hold 100 here I'll be very impressed, if not I think OSX 95 - 96 should provide solid support. Many OSX stocks are approaching oversold levels on a short term technical basis. So for me it a day to day thing. I don't think I'm being too coy with my money here, it's just that too many OS stocks are in a kind of technical no mans land. KEG is a classic example, It's hanging somewhere between it's 50 to 200 dma. Also there are plenty of individual stocks that still have some downside work. IMO, I'd rather start buying them as they are heading up again, rather then buying into a decline. But hey, It's just a question of ones own personal style and discipline. Yes my approach is a kind of nervous - show me - one. But in markets like this it works well for me. I do not seek EXACT bottoms, just ones with more confirmation. It's a subtle distinction and requires some skill and alacrity to execute but there are enough stocks out there in this conditon that will allow for upside mistakes in one or two. Now of course if I see SESI in the low 7's again I may not be able to resist, since that is the kind of stock that can turn in a dime. But that only comes from watching a sector for over 6 months as you so sagely recommend.

To: SliderOnTheBlack who wrote (64770)	4/17/2000 3:42:00 PM
From: SargeK	Read Replies (2) \| Respond to of 95453

Gnat, Maybe the Yahoos did listen (They just didn't listen to you.) Chart: quote.yahoo.com Slider: (Today) "FGH - thanks to all the Yahoo's who wouldn't listen and are now margin-whipsawed once again..." Slider: (Apr 14) "I bought KEG & FGH - but got slooooow online @$!&#'n broker response...." Message 13423624 Slider: (Apr 13) "$8 any day and we "stair-step" right back to $10 very quickly imho - asset sale info has established a solvency/insolvency floor under the company; biggest worry is gone & this goes back to $8-$12 trading range very quickly imho and will see $10 as a floor as TDW order rumor's become reality." Message 13414796 Slider: (Apr 13) "OBV often leads the breakout moves - signals that possibility strongly here. Would like to see $7 3/8ths-ish today & $8 broken thru mon-tues next week." Message 13415011 Slider: (Apr 12) "I've been a buyer again the last two days; just filled my last order of 5K & I don't plan on having to sell sub $10 - even on a technical basis fwiw..." Message 13404877 Comment: The above record might indicate the "gnat" got whip-sawed. >g< Have you margined out, YET?? >VBG< I know some YAHOO's who sold last week in the high 6s and are BUYING BACK today. It's a bitch having to live with a real record! Makes it difficult to do a "rewrite". >g<