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

To: Bazmataz who wrote (14670)	3/12/1998 7:31:00 PM
From: Teddy	Read Replies (1) \| Respond to of 95453

GLM is a good company. As i posted a few days ago, Soros is down on a large number of shares that he bought. The thing that bothers me most is that Global Marine's President and Chief Operating Officer John G. Ryan had part of his brain removed on Feb. 9. But, to follow up on a question that i asked the thread twice (that no one answered yet), Global Marine Inc. said on March 3rd that it won a contract to lease an ultra-deepwater drill ship to Australian firm Broken Hill Proprietary Co.'s BHP Petroleum unit. BHP will use the drill ship for 30 of 36 months following delivery. Global Marine expects revenue over the contract's three-year period will be about $186 million. The company said the drill ship is scheduled to be delivered in the fourth quarter of 1999.

To: Bazmataz who wrote (14670)	3/13/1998 7:40:00 AM
From: Bazmataz	Respond to of 95453

For those interested in PTEN: (I'm not, but happened to read this)... "Peter Green, head of technical research at Gruntal & Co, also proposed the studious approach. From a technical analysis standpoint, though, he said bar-charts and graphs of the worst-performing issues can sometimes surprise. Among the much-battered Russell worst-25 list -- now topped by stocks like Digital Lightwave Inc (DIGL - news) and Fine Host Corp (FINE - news) -- Green said the charts of four stocks indicate a technical breakout to the upside may be near. Those are Heartport Inc (HPRT - news), CyberMedia Inc (CYBR - news), Patterson Energy Inc (PTEN - news) and Anadigics Inc (ANAD - news), Green said. Heartport, which makes heart-surgery devices, closed Tuesday at 12-12/16, down from its year-to-date high of 31-10/16; software maker CyberMedia closed at 10-5/16, off its year-to-date high of 33-2/16; oil services company Patterson Energy closed at 9-13/16, off from 32-10/16; and circuit maker Anadigics closed at 13-21/32, off from 54-4/16. ''They (the four stocks) are showing signs of stabilizing and in some cases building higher bottoms, suggestive of bullish divergences,'' Green said. Still, Green warned, ''These stocks have gotten so crushed this year and although they're trying (to break through their technical resistances), you're not buying Coke (Coca-Cola (KO - news)) here.''