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

To: JHR who wrote (7466)1/10/1998 11:47:00 AM
From: Teddy  Respond to of 95453
 
JHR, i was hoping no one would notice that part.

i bought GLM yesterday :(
Message 3135456

Looking for a gap up Monday, last week was way overdone for us and the whole market.



To: JHR who wrote (7466)1/10/1998 12:58:00 PM
From: HH  Respond to of 95453
 
JHR thanks for the reference to previous post. It would seem
that the shellacking going is more generally tied to spot oil
prices. It is curious but it seems the whole sector has become
linked as if we were trading commodities.
My investment theme currently is that this has created opportunity
to by some value. Hopefully, the upcoming earnings announcements
will help to de-link the wild spot price-swings from shareprice
of drillers. I am counting on the earnings period CEO's to
re-inforce the separation.

HH



To: JHR who wrote (7466)1/10/1998 1:35:00 PM
From: Alias Shrugged  Read Replies (2) | Respond to of 95453
 
Re: GLM Turnkey operations

My understanding is that GLM is the Big Dog in turnkey, very effecient with lots of experience and high volume. The other drillers are walking away so as to focus on their strengths, turnkey not being one.

all IMHO.

Mike


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