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


To: Lucretius who wrote (14244)3/9/1998 7:55:00 PM
From: beachbum  Read Replies (1) | Respond to of 95453
 
Luc,

I hear Charlie Maxwell was on CNBC tonite. Did anybody hear what he had to say?

TIA
Beachbum



To: Lucretius who wrote (14244)3/9/1998 9:07:00 PM
From: Thean  Respond to of 95453
 
LT - the race is not over yet. My FLC is out in front by a neck but some friend of yours over CNBC is giving your NE a much needed whip in the butt. We shall live to see the finish tomorrow.

If anyone notice, all offshore and service companies closed above their intraday low. However, almost all land drillers closed at the low of the intraday. I say this is yet another sign of money betting on the "safer" offshore stocks.



To: Lucretius who wrote (14244)3/9/1998 9:13:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
Didn't happen that way in 1993. rgdoczzz.home.texas.net
GLM and SLB continue to make great gains while oil prices just fall and fall. What's different between now and then?

That having been said, I would bet you are right, we're going nowhere fast until oil prices stabilize.