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

To: SliderOnTheBlack who wrote (66058)	5/11/2000 2:57:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Just bought some SCSAY @ 12 today will look to buy more on any dips. These are the guys that nailed the Triton FPSO deal off WA (equatorial Guinea). They also stole ETPM right out from under Admiral Dore's nose. The stock is down because like all offshore construction firms they had a lousy 1st qtr. The earnings drop off was due largely to weather problems in the North Sea holding up some contracts. Also the GOM negatively impacted them like it did HOFF and GLBL. One plus they have over GLBL and HOFF is their leverage to production via FPSO's. Not quite an oil patch stock to take home to Mom, but working on it.