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

To: Thomas M. who wrote (16315)	3/24/1998 1:17:00 PM
From: Thean	Read Replies (2) \| Respond to of 95453

Crude lost almost 50 cents, now at $16.03. The drillers seem to hold on for now. <eom>

To: Thomas M. who wrote (16315)	3/24/1998 1:20:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 95453

Thomas, here's the relevant part of the post: "GD, Drillers may be a good buy on the concept that all boats rise with the incoming tide. But my feeling is that if OPEC is cutting production, that means less drilling, in general and more rigs being returned. Ditto for the service cos. Whereas, if Opec doesn't cheat this time ... then those who are minor league producers can ride the coattails of a price increase without having to spend any more." You be the judge if this guy know anything about the sector. Maybe this is where Pissani gets his information!? <VBG> Regards, Paul Paul