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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (6395)	2/1/2002 12:48:38 PM
From: jim_p	Read Replies (1) \| Respond to of 206092

Seismic was soft during the last cycle and disappointed many investors. The opposite should be true this cycle. Take a look at how PGO did during the last cycle where seismic was in high demand in 97-98. bigcharts.marketwatch.com

To: GREENLAW4-7 who wrote (6395)	2/1/2002 3:56:14 PM
From: kollmhn	Read Replies (1) \| Respond to of 206092

greenlaw- If I may butt in. PGO hasn't really been cheap in a while. It has simply failed to deliver the goods, time after time. Tons of debt and poor earnings haven't helped. Continual bad guidance on various issues. Seismic library may take another write-down. Merger with VTS requires a 90% approval from PGS shareholders, etc. Having said that, if you want to gamble on the Atlantis sale closing and the 90% approval, then you have a safe play, here at $6.90+. That is, if you really do want to own VTS at 55% of pro-forma book value and at 11x 2003 eps. Deal risk is down to a 3% haircut. Anti-trust review is over and approved. Looks like the market thinks it will close.