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

To: Tommaso who wrote (88789)	3/18/2001 7:05:10 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

Lehman on Noble Drilling today: Middle East The rigs Noble George McLeod (300IC), Noble Gus Androes (300IC), and Noble Chuck Synring (250IC) have all been signed for year long contracts in Qatar at $50,000 to $54,000 per day. The rigs had been idle for most of this year. The Middle East has been the weakest region worldwide, thus we are encouraged to see these signings at solid rates. North Sea The North Sea continues to be the strongest region outside of the Gulf of Mexico. The market has reached full capacity, consequently contract roll-overs have been at solid rate escalations. The Noble George Sauvageau (300IC) was signed at $70,000 for a hundred-day contract. This is up from its prior contract of $47,000 per day. We believe this is a new high for standard jackups within the region. Additionally the company signed the Noble Kolskaya (330IC) to a year contract in the low $70's. West Africa The Noble Ed Noble (250IC) was signed to a one-year contact at $52,000/day. West Africa continues to improve, however at a slower pace than the North Sea. Ultimately, as the Nigerian National Oil Company finally begins its project approval process we believe this region should tighten significantly.

To: Tommaso who wrote (88789)	3/18/2001 8:51:19 PM
From: DataBits	Read Replies (1) \| Respond to of 95453

Yes.... I have been buying all week. Very happy with CSCO bought at $18 5/8, SNE at $65.88, etc. Message 15520838 Sold part of CSCO for a solid one day ~10% gain and reloaded at $19-ish. Message 15496277 My confidence is building, either the market gets extremely ugly and there is a massive sell off or we simply start a strong rally from here. Monday may have rough spots, but most of the selling happened last Friday. If FED does not cut rates, the market is doomed which will have further ramifications to U.S. economy and world markets. This spells rate cut and calming of the markets which equals sharp reversal. Just my bits