SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: marc chatman who wrote (12872)2/26/1998 8:11:00 AM
From: marc chatman  Read Replies (3) | Respond to of 95453
 
Merrill Lynch is cutting earnings estimates on 25 drillers and oil service stocks today (per cnbc). Could be interesting. Is Merrill doing this in order to try to get in cheaper? No, not Merrill!!

Should be a good day for this to happen since other forces should prevent the Merrill news from having too much of an impact. And when earnings comes around, Merrill has lowered the bar, so these companies should beat estimates by that much more.