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

To: Thean who wrote (7755)	1/12/1998 8:30:00 PM
From: John Carpenter	Respond to of 95453

AMEN!

To: Thean who wrote (7755)	1/12/1998 8:36:00 PM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 95453

I didn't want to post this before but doesn't seen valid now. I talked to a buddy of mine(2 weeks ago) who lives in Houston and is close the oil bidness.He has worked in the biz since the 80's and is close to all the co's we talk about.He said: 1-No slowdown anywhere,just growth. 2-Slb and FGII can't hire enouugh qualified people to fill the demand. 3-price of oil and price of these stocks have no correlation.As long as their is demand these co's will be making serious $. 4-he thought prices as of 2 weeks ago were great buys and he thought the big boys were starting to buy again. I really trust this guy's views.a smart,wealthy individual that's been around and still sees what's going on but that doesn't seem to matter. Just thought I'd share what I know.. GD

To: Thean who wrote (7755)	1/12/1998 8:43:00 PM
From: The Perfect Hedge	Respond to of 95453

This Iraqi thing with Insane looks like it might flourish on Tues,that's when the inspection team is supposed to knock on his door for their inspection.What I don't get is that we have already approved Insane to start pumping oil and the UN is not going to change their mind a week later seems like.It appears the damage is done by aggreeing to let this nut pump oil again and even if there is a standoff with Insane it's not going to matter because the freak is pumping oil anyway.GD