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

To: chowder who wrote (94963)	12/27/2001 12:07:52 PM
From: SJS	Respond to of 95453

Deutche Bank on Oil Service : --Before Open-- Oilfield service stocks have moved up 5.9% this week as a result of growing optimism about commodity prices. Group has been stuck in a trading range for the last couple of mos on concerns about OPEC, weak demand for oil and gas. Firm believes that while there are near-term trading risks, group could continue this rally over next several months. Oil and gas prices seem to have survived a weak economy and warm early winter without serious meltdown and US drilling activity seems poised to rebound DBAB favorites include ESV (24.87 -1.08), RIG (32.50 -0.60), WFT (37.90 -0.85), NBR (35.40 -0.33) and SII (54.68 -0.44).