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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 (18715)4/10/1998 4:50:00 PM
From: Rickey Lynn Wilson  Respond to of 95453
 
It seems that a lot of you believe dayrates have already fallen. I understood that they are predicted to decrease--- and why? because of lower oil prices. What happens if oil prices go back up about as fast as they fell?-- Which they may do?



To: Broken_Clock who wrote (18715)4/10/1998 5:04:00 PM
From: sand wedge  Read Replies (2) | Respond to of 95453
 
PK, thanks for the link.

To everyone: I hope y'all have a nice holiday.

Finally:

It's Masters' weekend and I have one last thing to say:

GO FREDDIE!



To: Broken_Clock who wrote (18715)4/10/1998 5:53:00 PM
From: waverider  Respond to of 95453
 
>>No doubt this explains the softness in ESV, GLM etc. vs RIG.<<

Perhaps, but it sure doesn't explain why some fool bought nearly 200,000 shares of ESV on the uptick yesterday afternoon. That's about $5 million worth. Quite a bet on a dead industry, eh? Sometimes I just don't get it.

Have a great holiday weekend folks.


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