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

To: Thean who wrote (13039)	2/26/1998 10:13:00 PM
From: Big Dog	Respond to of 95453

Thean -- The offshore drilling world contains a fairly small number of players (drilling rig owners). The number of major companies is even smaller. The problem is not finding buyers. The problem is finding sellers. I am not biased in this. I know that I have buyers. And the buyers are all household names. Just name a company and they are a buyer. Of course it would be a rig that will compliment their fleet. And it would preferably be a rig that they either have work for or will have no problem getting work for. The way we have to sell rigs is to develop them for sale. It is a very tricky business to get in the middle of such a transaction in a market that is so small. No one calls and says they want to buy -- or sell. You have to talk to the guys, see what their direction is, what they would like to do in the future. Then I try to help them do that in a way, or with a peice of equipment that they hadn't known about. We also act as brokers for newbuilding rigs. This business is quite brisk right now with lots of interest from drilling contractors, shipyards and designers. I will have some more tid bits on the future of the market tmw. Right now its time to tuck in the puppies.

To: Thean who wrote (13039)	2/26/1998 10:28:00 PM
From: Big Dog	Read Replies (9) \| Respond to of 95453

It has come to my attention that some folks may not want me to post industry rumors and other non-verified tidbits, nor tell parts of things in the cases where I must withold the "names of the innocent". In the course of my dealings with the executives of companies, I come to learn, and am told highly confidential information. I can not violate that trust. Therefore, I can keep quite about items that I can only tell half the story about, or I can post the watered down versions. Maybe getting half the story does nobody any good and is really useless. If that is the consenus, it's ok with me. Before I got this job, I could pretty much tell anything I came across since I was not in a position of doing business with these companies. Now I must be very careful. I hope you guys understand.

To: Thean who wrote (13039)	2/27/1998 12:28:00 AM
From: RGinPG	Respond to of 95453

This was no one day wonder. If this is the beginning of just a short term run, it's not over yet. Buy signals on short term stochastics for 9 stocks after Friday's close, buy signals on a few more after Monday's & Tuesday's close. A bunch more buy signals after today's close, and I expect a few more after tomorrow's close. Glenn, buy signal on EVI today. Could get that pop to 50 soon. FGII buy signal is 1 to 2 days away if it can at least stay only slightly lower than where it is. Check the Daily stochastic charts at rgdoczzz.home.texas.net The daily stochastics have been eerily accurate during and since the fall, buy and sell signals. I'm definitely in 200% until I at least get a few sell signals.