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: diana g who wrote (80222)	11/28/2000 3:51:10 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

From DRW today: * New federal royalty relief for drilling deep wells on the Gulf of Mexico shelf should provide a boost to long-term activity and several oilfield service and drilling stocks. The economic incentives should be unveiled tomorrow in the March 2001 lease documents, causing a near-term catalyst to the sector. Shelf drillers such as GLM, RDC, ESV, NE and others should benefit along with service companies such as OSCA, BJS, TDW, VTS and others.

To: diana g who wrote (80222)	11/28/2000 5:03:12 PM
From: kodiak_bull	Read Replies (2) \| Respond to of 95453

Diana, I just answered your post but my ISP kicked me off (I do despise Compuserve). I think the 3 percent discount is reflective of normal and very diminishing uncertainty about the FLC/RIG deal. It looks to me like a done deal. If the discount were 7-10 percent then I'd say the arbs, who know best, are nervous about holding FLC. JMHO. Iso, OT--I am now of the opinion that the Dems know they have lost the election and are simply pursuing a scorched earth, play the race card, taint the President kind of policy. It reminds me of Saddam Hussein blowing up the Kuwaiti oil fields in the face of Desert Storm. If they can taint Bush's victory enough with racism, Holocaust victims, Nadler (Jabba den Hut)'s "whiff of fascism" comment then maybe they can salvage something out of this debacle (the way Clinton salvaged something out of the impeachment--after all it got rid of Gingrich and others). So they will play this out as long as they can, not for Gore, but to build a case for the 2002 elections. As a policy, it's daring and it might work. The problem is no one in the liberal media is willing to show the Jesse Jackson/Al Sharpton actions for what they are, nor to challenge their outrageous statements. Republicans chanting "Three Blind Mice" is a whiff of fascism? The Dems are going to try hard to portray themselves as victims here, and it's very hard to come up with a successful strategy to counteract that one, as we all know.