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

To: wggm who wrote (18723)4/10/1998 6:29:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
wggm...do you have a link for accessing the full report?



To: wggm who wrote (18723)4/10/1998 8:26:00 PM
From: pz  Respond to of 95453
 
<<<The Simmons report came out before the opening and hit the wires again at 12:47 p.m.>>>

It sounds like this news has already been factored in and that y'all are making a big to do about nothing.

Now when these drillers come out with earnings and make statements about dayrates falling...well then...that's another thing. I just don't foresee that though...IMHO

Paul



To: wggm who wrote (18723)4/10/1998 8:27:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
Re: First call estimates revision report:
It is old news. Zacks has been reporting analysts reductions in earnings estimates for these companies for the last month. Simmons are not the only analysts revising estimates downward.

The real question is, are these negative revisions justified? The market right now seems to think so. I'm thinking they are wrong.
rgdoczzz.home.texas.net


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