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


To: donald sew who wrote (8705)1/18/1998 11:03:00 PM
From: John Carpenter  Respond to of 95453
 
Reply #8679 may provide part of the answer to the
question-Why deepwater?



To: donald sew who wrote (8705)1/18/1998 11:20:00 PM
From: Big Dog  Read Replies (3) | Respond to of 95453
 
You guys have been mighty busy!! More than 200 messages!! I read every one of them.

I'm not really back. In fact I have joined the Federal Witness Protection Program and will be accessing this board from clandestine locations throughout America from the comfort of a nice RV with satellite link.

My appearance has been changed to protect the innocent, and all posts from now on will not be based on fact. Everything I have posted here is fiction -- nothing has been true -- I don't even own any stocks. In fact, I am not really even a dog, and I actually hate pie.

You folks did a great job on Friday to get things perked up -- and lo and behold we had numerous lurkers pop up. Folks that bought some of these jewels, but weren't about to admit it until the tide turned. Welcome to all!

And we have a new celeb poster, Senor Sew. I look forward to his valuable posts on the OSX and in that regard I have a question...if the index itself is say "overbought" -- but the underlying individual stocks are "oversold" -- what happens then? Or can this situation occur?

Re Rich's post about FGII -- I think the press release should have answered your questions. The most striking thing is the backlog -- 500 million and growing -- that is huge! I could not access the link you provided re insiders selling prior to the IPO -- but I can tell you that prior to the IPO the company was not public so I don't know how they would have sold, or to whom. At any rate, the two men that created this company own right at 50% of the stock today. The other insiders have (relatively) minimal shares, according to the proxy statement I rcvd. Just hide in the bushes and watch this company confound the "experts".

Thanks to Glen for giving me a great market update on Friday, it made the wknd a bit nicer.

Why all the talk about this P ENGR guy -- I don't get it. Who cares?

Matt Simmons' discussion of oil supply should be viewed as holy information. Matt is a person that KNOWS what he is talking about. If you notice, he is not predicting prices or future events. He is simply pointing out gross errors in the method of calculating oil supplies. Rarely will you see such a lengthy article based on the words of Matt -- read them twice. (Again, no relation...especially since I am in the Witness Protection Program.)

I am going somewhere tmw, but I will have the RV locked up tight in case any of you criminals reading this want to steal my Moon Pies. You could never find them anyway. I can't tell when I'll be back, but I NEVER miss Jerry Springer.

Run Forest, Run. (That is a secret, code-word encrypted trading message intended for the Approved Barron's List.)