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

To: Lazlo Pierce who wrote (8631)	1/17/1998 4:28:00 PM
From: Lee Fredrickson	Respond to of 95453

David: Appreciate the scanned in (?) articles, (I'm a Barron's subscriber, but when it first hits the stands, they time me out before a complete d/l.) Gotta' wonder tho', when the day will come when publishers get tired enough of copyright abuse to come looking for people giving away what they're selling...? Kind of in line with Thean's recent post on how much we should reveal about ourselves, etc. Good article though, got to print it out and digest it now. Lee

To: Lazlo Pierce who wrote (8631)	1/17/1998 6:19:00 PM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 95453

Between the Cheryl Strauss article and the Alan Abelson (Simmons) article, it's difficult to tell what to do. Since I am more of an options player, I'm in the "wait" camp right now. Even if this is "the bottom" for oil service and driller stocks, what if they just start flat-lining? There is that possibility. And if that happens, premiums erode, and pretty soon a call option holder is losing money, even though their stock didn't go down. In any case, I'm going to be monitoring the oil service/driller stocks. DK