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


To: Thean who wrote (10580)2/4/1998 4:08:00 PM
From: stevedhu  Read Replies (2) | Respond to of 95453
 
OK Thean; OSX up from 97.54 to 103.57 with a high of 103.60 just a few minutes before the close for a gain of 6.09% now WHAT?
Thanks Steve



To: Thean who wrote (10580)2/4/1998 4:16:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
How about my FGII? One thing you can say about the Big Dog...I have been loyal to FGII through thick and thin. Just always remember the Dog Mantra -- If a company is NOW making money like crazy and expects to continue making money like crazy for 2-3 years to come (backlog may go as high as $1.5 B I L L I O N within 6 months) -- Buy -- regardless of all the little sticks and stones that TA or short players or El Nino can throw. And you ain't seen nothing yet.

Comments on MIND.

Jefferies 12 month price target is $30 based on 15X calendar 1999 EPS.

Expanding 3-D surveys, as well as 4-D and three component 3-D (9D) surveys, are likely to result in greater demand for channel boxes and related equipment.

MIND's services all small-cap seismic companies (which dominate the land seismic biz) to compete on large surveys where the smaller companies could not otherwise compete since they would not have the resources because of their small size.

Payback of two years or less on the equipment MIND rents out.

MIND has significant opportunities to add leasing services to the Eatern Hemisphere and to expand presence in Latin America. This international growth is not figured in the earnings estimate and price target and could drive the stock price much higher.

Debt is zero. 10,000,000 shares outstanding with a 9.3 mill float.

An additional $9 million of other equipment has been identified and will likely be bought in 1998. Each $10 million increase in the lease pool at 75% utilization increases EPS by 23 cents. Each 5% utilization increase increases EPS by 17 cents.

MIND didn't participate today, so I bought some more.



To: Thean who wrote (10580)2/4/1998 4:21:00 PM
From: Lucretius  Respond to of 95453
 
I was joking. You'd have thought someone had died around here when the DOW was up 200 a couple of days ago and the drillers were just sitting there.



To: Thean who wrote (10580)2/4/1998 4:52:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Thean,
Well I will confess that I really missed out on the hogs share today.My ISP went down today of all days.By the time I got on line with a NEW ISP provider the action was all but over.I did jump on board for the up move tomorrow.

207.95.154.130

This chart won't show todays candle till three hours from now(4:30 PST).That's half past the six pack in Houston tome I think.By the way, that thundering sound you heard today was the shorts running for cover.

1.OSX might have been 104 for resistance on the downtrend a couple days ago but the way I see it, not today.I think 102 was more realistic.
2.This came after we have been basing for a couple of weeks and in the face of continued mixed news on the Mid East front.Russia threat would have killed us three weeks ago.
3.HAL & SLB have (IMO) already pierced the upper downtrend line.Plenty of room in the bollinger bands for both.Both also above moving average now as is OSX.If Hal can close at 50 with strngth and SLB can close near 79+ then we might be ridin' the bollingers up till friday...at least.If oil turns up again we might be pleasantly surprised.
4.OSX has plenty of room to go up also in the BBs.106 looks very doable tomorrow although 108 would not be a surprise to me.

I just hope there is not too much profit taking and a big short attack!

dave



To: Thean who wrote (10580)2/4/1998 5:18:00 PM
From: Lost1  Respond to of 95453
 
Thean-I believe the phrase you were looking for was "Everybody Wang Chung tonight!" Blues at Antones should hep ya funk.

Respectfully submitted for your approval,

lost1



To: Thean who wrote (10580)2/4/1998 6:22:00 PM
From: Lucretius  Read Replies (3) | Respond to of 95453
 
Thean: any update on TWA and U. Is there an airline thread? These things look like they're sitting on a cliff to me. Things can't get any better. Considering shorting TWA if it breaks 11

-Lucretius