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

To: Alias Shrugged who wrote (7475)	1/10/1998 2:48:00 PM
From: Dragon 1	Respond to of 95453

I agree with your view on GLM. In other words, GLM fits the saying,"Rather be the head of a chicken than the tail of a cow".

To: Alias Shrugged who wrote (7475)	1/10/1998 7:22:00 PM
From: JHR	Respond to of 95453

Thanks Mike on GLM explanation.Just got back from watching my beloved Longhorns get slaughtered by Kansas by 30. Actually I was expecting 50.This sector is affecting my sports mind too. Thats my understanding too. I figured if turnkey is their strong suit, people like RIG getting out of it shouldn't be a negative for GLM. Maybe bw or Big Dog can expand on this. I assume when they are turnkey they figure in the day rates as a cost and throw in the labor and supplies and know how to price this to make money. If thats their strong suit they should be better at it than someone who does it just occasionally. I liked the head of the chicken vs tail of the cow comment. Last two months have definitely been the latter in this sector.