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

To: The Perfect Hedge who wrote (6065)	12/23/1997 11:44:00 PM
From: Surfer	Respond to of 95453

Glen, Thanks. I corrected it before my 15 minutes are up. Planning to write some covered calls to save my shirt. Well, may be I'll chicken out and sell it with a loss. If I do sell, then probably the last weak hand and guess what, the stock may start going up without me. I'm learning something... It's all momemtum players. If they like it, stock goes to the moon. Otherwise, it goes to the ocean. Good luck to all.

To: The Perfect Hedge who wrote (6065)	12/24/1997 12:35:00 AM
From: mark rose	Respond to of 95453

IRT to MDCO's contract, is this a step up or down in the rate structure for this type rig? I'm surprised that we haven't seen much discussion on this contract since it gives us a yardstick to truly gauge the "unchanged fundamentals" of this sector. Happy Holidays Bud