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

To: ViperChick Secret Agent 006.9 who wrote (14601)	3/12/1998 12:49:00 PM
From: Teddy	Respond to of 95453

Lisa, i think Cramer is done pounding the table for the drillers, but he is still helping. Here is another snip from thestreedotcom article today (could this have something to do with the turn around today?) "Jim Wicklund, an oil service analyst at Dain Rauscher, predicts much competition among the indies, since those smaller exploration and production companies typically have the weaker inventories in which to drill. He says his firm is downplaying the sale, since most companies already have their plates full in terms of acreage. "Right now there is more acreage sold in the last few years than we can drill in 10 years," he added."