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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 (64852)	4/18/2000 10:33:00 AM
From: dfloydr	Read Replies (2) \| Respond to of 95453

Any rumors about KEG. Either there is one dumb seller around or the price action is telling us something stinks. Which is it? I have not found any hint of troubles. Have you? There have been hints of a stock offering and hints that idle rigs are proving harder to get activated due to cash and staff restraints, but all those have come from fuzzy sources. I just watched another stock I own go from 16 to 8 amidst glowing thread comments only to have bad news emerge.

To: Big Dog who wrote (64852)	4/18/2000 10:56:00 AM
From: SliderOnTheBlack	Respond to of 95453

Big Dog - re: bottleneck in GOM const/svc = HOFF ! re: <<bottleneck? in the Gulf of Mexico deepwater construction market developing in 2001, which is bullish for Halliburton, Cal Dive, Coflexip, Stolt Comex Seaway, and Global Industries among others.>> big; you forgot HOFF ! (PS - yes, loading lots of KEG - no brainer folks- was $10-12 at this stage of the cycle - where is it going in Q3-4 as drilling for gas really ramps ? - loaded PTEN for the ride back thru $30 too !). HOFF - has exciting JV with Cal Dive/CDIS and upgraded assets - barge lift capacity etc - HOFF is THE value play (SSB $20 price target) and has the cheapest fundamental value of the core service co's for the GOM... HOFF runs back thru $10 here shortly - low risk, moving into W Africa & Intnl markets - added exec's with intnl sales experience - a coiled sping - great 2-3-4 year growth story. PS - RRC margin call liquidations (holders getting sold out, selling RRC to raise margin call cash) are the rumor... buy it - load up.

To: Big Dog who wrote (64852)	4/18/2000 12:35:00 PM
From: upanddown	Read Replies (3) \| Respond to of 95453

BP Amoco sees a ?bottleneck? in the Gulf of Mexico deepwater construction market developing in 2001, which is bullish for Halliburton, Cal Dive, Coflexip, Stolt Comex Seaway, and Global Industries among others. Big, What about JayRay? The Bankruptcy Court in N'awlins cleared the way for MDR assets to be shielded from B&W asbestos claims on Monday. While B&W is in receivership, the net assets of B&W will be carried on MDR's books as a investment. MDR cash and investments are likely to exceed current market cap. JRM seems to be doing very well. They were reported in Hart's as getting a major piece of the CHV/BHP GOM project "Typhoon" (cost 500M+) in competition with HAL. They are ahead of schedule on a pipeline for Pertamina bringing NG to Singapore. They are bidding on big projects for Qatar. My best understanding of JRM is that their specialties are platforms, pipelines and subsea. Isn't that where the deepwater money has to go? John