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

To: pz who wrote (12546)2/23/1998 10:39:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Bought some more ESV this morning. Still looking at more RIG and waiting on FGII.



To: pz who wrote (12546)2/23/1998 11:23:00 AM
From: SJS  Read Replies (3) | Respond to of 95453
 
Paul,

GLM looking really good in this down Market, too. They took out that 160K seller, and seems to have some buying strength. This could change, of course, but there are more buyers than sellers as I watch the B/A sizes...



To: pz who wrote (12546)2/23/1998 12:46:00 PM
From: Czechsinthemail  Respond to of 95453
 
Paul,

I've been interested in GLM, but I was put off a bit by their heavy involvement in turnkey operations. My thoughts are that in an environment where personnel and oilfield supplies are in short supply, the likelihood of cost overruns on projects is high. What is your sense of how they compare with other drillers?

Baird


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