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To: quehubo who wrote (25456)9/6/2003 12:34:59 PM
From: Bearcatbob  Respond to of 206087
 
que, Robry's estimates have been consistently high lately. It will be interesting to see if demand is picking up.

Bob



To: quehubo who wrote (25456)9/6/2003 9:56:57 PM
From: JCS  Read Replies (1) | Respond to of 206087
 
"In any event I am 40% margin loaded and no cash. Heavilly into PTEN ~$28 with margin."

quehubo, I own some PTEN also, and am curious why you chose to focus so intensively on it. My target is a 30% gain, but am troubled by the poor performance of the tubulars, especially LSS which I would think should be leading an uptick in drilling activity. Meanwhile RDC and ESV, which I also have some of, keep edging up with RDC just short of a 52 week high. As is well known, they are plays on deep drilling on the shallow shelf. That takes a lot of pipe. There seem to be many contradictions which leaves me totally confused. Any light anyone can shed on this would be appreciated. Anyway I hope that PTEN works out for you.