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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: SuiteStock who wrote (635)3/8/1998 11:22:00 AM
From: Gloria G  Read Replies (1) | Respond to of 2282
 
See IBD Mon Mar 9th, pB3. "FountainSquare Midcap Dipping into Oil"
This fund has been buying Global Marine for "their growth prospects and attractive valuations". They also see it as a good takeover candidate



To: SuiteStock who wrote (635)3/9/1998 9:23:00 PM
From: Dave Johnson  Read Replies (2) | Respond to of 2282
 
Well- You eat your own crow as OIL dropped
to a new 4 yr low today mr. smarty pants.

There is so much oil around we will be gassing our
cars at .35 /gallon soon. And those day rates
may start falling.

Remember Gold could not go under $300/oz either and it did.

This is a high risk stock until Oil goes up, period.
I don't care that they are booked into the year 2010.
It just will not matter to Wall street - They will start
running for the hills and this stock could go back test below
$20.