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

To: BigBull who wrote (65708)	5/4/2000 6:32:00 PM
From: Minos	Respond to of 95453

Anybody notice UTI had a pretty nice move today, although on less that impressive volume. Getting close to 52 wk high. Anybody follow this one closely? And will PTEN follow it for a quick pop? -Minos

To: BigBull who wrote (65708)	5/4/2000 6:57:00 PM
From: BigBull	Respond to of 95453

June Gasoline trading in the aftermarket at 91 cents. NOOOOOOOOOOOOOOoooooooooo! Reeeealy?! Coulda fooled me! futures.tradingcharts.com Where are all the oil bears? In the crosshairs. I'm not even listening to these clowns any more, or their agents, or their advocates. $18 a barrel? Soon? I don't think so. I am coming to the conclusion that Lawrence Kudlow (bless his heart) is the perfect contrary indicator for crude prices. Bar none.

To: BigBull who wrote (65708)	5/4/2000 11:59:00 PM
From: upanddown	Read Replies (3) \| Respond to of 95453

Bull, actually fabs and construction are really lagging. Its all drillers, mostly shallow and the E&P's. I can understand the E&P's being first at the cash window but the drillers have been bid up to some rarified air on potential alone while fabs and construction are going nowhere. Platforms, pipelines, subsea, how can you produce deepwater without them? Every deepwater completion is costing upwards of 500M. Many billions will be spent in this area but the stocks are not reflecting any of that potential. I think at least a couple of jackup orders are coming for the fabs. There is too much divergence between the drillers and the rest of the players. John