Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jane4IceCream who wrote (67938)	6/9/2000 9:15:00 AM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

I admit it sounds crazy but I stand by my claim. FLC acquired a lot of rigs as the market turned down. We have been seeing the debt for the last 2 years as the rigs have sat cold stacked. Over the next two years we will start seeing the earnings. The ANALysts will begin to see the obvious as FLC continues to activate rigs. It certainly won't climb to $100 in the next month but I believe it WILL happen. Coincidentally this is the same reason I don't see such a bright future nearterm for the fabs. FLC has ample rigs to activate in the GOM so I don't see why would there be new orders for rigs, at least for GOM drilling.