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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?

To: JGreg who wrote (92)	12/4/1997 9:51:00 PM
From: jim p. holcomb	Respond to of 444

Hi Greg, Sure you can post my comments. I comment on the strictly drilling channel occasionally and I try not to put out any information that I haven't researched as good facts. The fourth quarter is always the best for the drillers, because the E & P people are trying to start punching a hole before the end of the year so they can charge the expense of the well off on this year. This week's rig count should be up again over last weeks. The driller's stopped drilling worldwide today for 8 hrs. to commemorate the renewal of the Iraq oil pact; <vbg>and the stocks took a tumble. I guess I will never be able to learn to live with the drilling stocks going down with the price of oil. It's a DAMN fact that the driller's never look up to see what the price of oil is. They still drill 24 hours a day, 365 a year and only look up to see if the roughneck at the top of the rig is still feeding them drillpipe. Jim.