Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (14762)	3/13/1998 3:20:00 PM
From: PartyTime	Respond to of 95453

Luc, Would you please tell CNBC's de-rig man about the skilled labor problems with rig-building. It's a longshot, but it might prod him into a positive remark.

To: Lucretius who wrote (14762)	3/13/1998 4:39:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 95453

LT, I agree that FGII's down day seems most likely related to HLX weakness. Regarding construction and shipyard delays, they seem to have impacted NE last quarter and I've heard concerns raised that other companies with building projects may see delays. These would seem to be positives in prolonging the drilling cycle, but perhaps negatives for the particular companies unable to get their rigs into service in a timely manner. And do delays mean FGII and HLX get reduced revenues and higher costs thereby reducing earnings? What are your thoughts on where the main effects are likely to be seen? Baird