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Gold/Mining/Energy : GOODRICH PETROLEUM(gdp NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: William JH who wrote (25)	11/20/1997 8:09:00 AM
From: Bobby Yellin	Respond to of 39

wow..am going to try to see if I can get a hold of that article.. MCGR McGowen Resources..(I started a thread and am a shareholder..) is looking for oil wells close to their others to increase production..they had recent news release on one that they just increased production on..I was told that most of the elephants have been found so the big oil companies will be looking for the little exploration companies to buy out when they make nice finds..who knows.. I think this sagging oil price is just fine if one is an investor and not environmental concerned. (:>)..exploration will continue and demand will keep on increasing to the nth.. I think the new technology will help keep exploration costs down since the companies now have much more of a chance to make finds..because of this..oil prices don't have to go much higher if the costs for finding the oil are coming down..yes? no? help I like that GDP has held up nicely...the oil service sector needed to correct after the rampant gains..the Iraqi thingie was just an excuse in my book... (ps. check out pdge ...more good news..environmental sector) I am watching the bids/ask on GDP...a lot of interest is out there.. I have become the biggest cynic now..think that most people who make a great deal of money in the market have information before the little guy..they don't risk anything..except for lies..they are told ahead of time when a contract is signed or when there has been a big find.. etc..hope I am wrong...