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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (7239)3/22/1998 9:01:00 PM
From: marc chatman  Read Replies (1) | Respond to of 42787
 
Thanks Judy. Among the Deep Drillers, I prefer RIG since it seems to be the deepest of the deep in terms of its overall fleet configuration. I also own DO (DO has one of the largest short interest positions in the drilling sector; recent management shake-up; could be a takeover candidate). NE looks to be very good value.

Due to the oil pact over the weekend, there should be a big gap up tomorrow, possibly triggering another short squeeze. I would be delighted if we saw your prices, but barring something unforeseen, I don't anticipate revisiting those levels anytime soon.