SI
SI
discoversearch

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: Thean who wrote (18084)4/5/1998 12:50:00 PM
From: HH  Respond to of 95453
 
Thean, I think there has been some serious damage already
so I think he was answering from despair, but I dont think $15
is much relief.
In fact , I am trying to project this on GLM business in that they
are so involved in turnkey which mostly involved with
independents. I have to conclude that this crash in oil prices
has affected the independents operating cash flows and their
financial strength needed to weather a prolonged price drop
is less sure.

HH