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


To: Broken_Clock who wrote (15277)3/18/1998 11:28:00 AM
From: Lucretius  Read Replies (1) | Respond to of 95453
 
nope, not in their mkts. Their rigs are in south texas and OK, which are gas mkts. The weakness that other land drillers are seeing are in the oil mkts such as west TX, canada, etc. What I like is that they're dirt cheap like the rest of the land drillers but they also have big-time gas exposure on the production side. Big bang for your buck!

-Luc



To: Broken_Clock who wrote (15277)3/18/1998 11:30:00 AM
From: SJS  Read Replies (1) | Respond to of 95453
 
PK,

I am getting the feeling that these stocks want to move up (OSX doing well....), but are constrained by options expiration strike prices. FGII is hanging around 25, GLM around 22.5, NE around 25, MDCO around 20.

If we get that emergency meeting, and get options expiration out of the way, next week could prove to be interesting.

Now, I think we're logistically stuck.