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

To: Big Dog who wrote (3125)	11/18/1997 9:31:00 PM
From: Bob A Louie	Read Replies (1) \| Respond to of 95453

Fundamentals have not changed for the oil service stocks. Here's a list of most of the stocks discussed on this board at today's closing price with '98 estimated earnings, the number of upward estimate revisions within the last 4 weeks, annual revenue growth and estimated 98 p/e at current prices. (#'s from Zacks) COMPANY TKR CURR EST EPS #UP AN REV EST 98 PRICE 1998 4WK % GR P/E Tidewater Inc TDW 60 3/4 5.14 10 45.31 11.82 Pride Intl Inc PDE 28 7/16 2.18 3 75.63 13.04 Global Marine GLM 28 3/8 2.08 4 68.44 13.64 Rowan Cos Inc RDC 36 3/4 2.56 2 20.55 14.36 Key Energy Grp KEG 28 7/8 2.09 2 141.23 13.82 Falcon Drilling FLC 32 5/8 2.13 3 72.58 15.32 Bj Services BJS 79 3/4 5.18 3 52.01 15.40 Noble Drilling NE 32 1/4 2.00 3 46.05 16.13 Cliffs Drilling CDG 67 5/8 4.23 3 94.63 15.99 Baker-hughes BHI 43 1/4 2.74 1 19.90 15.78 Diamond Offshor DO 56 1/2 3.24 2 66.65 17.44 Mitcham Inds MIND 27 3/8 1.53 0 210.40 17.89 Transocean Offs RIG 52 2.94 8 107.91 17.69 Evi Inc EVI 54 3/8 3.12 1 54.71 17.43 Cooper Cameron RON 65 3.41 6 35.83 19.06 Patterson Engy PTEN 42 3/4 2.16 4 147.11 19.79 Global Inds Ltd GLBL 17 3/4 0.88 4 43.48 20.17 Gulf Island Fab GIFI 25 1/4 1.11 1 N/A 22.75 Halliburton Co HAL 55 2.25 12 20.62 24.44 Schlumberger Lt SLB 83 5/8 3.28 13 20.21 25.50 Uti Energy Corp UTI 34 3/8 1.38 1 93.92 24.91 Grey Wolf Inc GW 7 2/3 0.28 2 93.16 27.39 Varco Intl Inc VRC 56 7/8 1.91 4 45.19 29.78

To: Big Dog who wrote (3125)	11/18/1997 9:47:00 PM
From: JGreg	Read Replies (3) \| Respond to of 95453

Hey, at least there's one other person besides me holding mdco!

To: Big Dog who wrote (3125)	11/18/1997 10:46:00 PM
From: Rich B.	Read Replies (1) \| Respond to of 95453

Mike, I have appreciated your postings over the last three weeks. Have been reading this thread, find it very informative. The company that has caught my eye has been FGII. It sure has skyrocketed since it's IPO. I know little next to nothing about this sector, but the revenue and earnings growth can't be ignored. The growth of FGII must explain the current p/e. The statement from their last release about 132 million dollar backlog stands out(102% increase from the previous quarter).Just curious as to how long this would keep FGII busy, taking into account the last 9 months revenue was 80 million. Looks as though they can't produce fast enough. What are your estimates for earnings looking forward? Zachs has current year at .74 and next year(98) at 1.04. Is this account for the Marystown Shipyard purchase? BTW I did buy a small position when price was @ 40. The very next day it shot up 3 points soon after another 2. I then decided to write nov 45 calls which reduce some of the downside risk. Would be interested in your options position now. What are your thoughts on dec expiration?