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


To: Bazmataz who wrote (12643)2/23/1998 7:09:00 PM
From: Area51  Respond to of 95453
 
Barry, I'm no expert on the drillers. But I do know that if the oil drilling industry is in for a temporary down turn, then a lot of debt doesn't work to your advantage. Therefore when I decided to add some drillers today I decided that MDCO with 11% of the average industry debt/equity ratio was a better choice than GLM (with 150% of the average industry debt/equity ratio).
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Best Regards,
Garry