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

To: Teddy who wrote (10772)	2/5/1998 8:30:00 PM
From: Dennis	Respond to of 95453

Teddy, hope you are right I bought 500 NE today !!!!!!

To: Teddy who wrote (10772)	2/5/1998 9:14:00 PM
From: Czechsinthemail	Respond to of 95453

Teddy, Thanks for the Barron's Online post. I agree that NE will do great, particularly from its conversion projects producing more deep drilling vessels. However, both DO and RIG have a larger percentage of their fleet in deep drilling. I believe the estimates for NE are 10% this year, 25% in 1999 and 40% in 2000. Over 90% of Transocean's earnings before interest, taxes, depreciation and amortization (EBITDA) come from the deep-water contract-drilling business, he notes. For Diamond Offshore, it's over 80%. good luck, Baird