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

To: Thean who wrote (19037)	4/14/1998 4:41:00 PM
From: marc chatman	Respond to of 95453

Thean, keep in mind that about half the Brent decline is carry-over from Monday (didn't trade Monday, I think because of the holiday in Europe).

To: Thean who wrote (19037)	4/14/1998 4:57:00 PM
From: SJS	Respond to of 95453

May crude (CL=k8) closes down .20 ahead of weekly API report....

To: Thean who wrote (19037)	4/14/1998 5:32:00 PM
From: Bazmataz	Respond to of 95453

Thean: The GLM trickle-down is still in effect. Always starts day strong then trickles down throughout the day. Very unusual to ever see significant strength in the close on this stock. Have you been successful trading it between 23 and 26? Baz

To: Thean who wrote (19037)	4/14/1998 5:51:00 PM
From: P.Prazeres	Read Replies (1) \| Respond to of 95453

Thean, <<but I think I see more and more analysts who appeared on CNBC either not talking about the drillers or advice avoiding them lately. To be true I don't think they sway investors hard one way or another but the mass-media sentiment is not exactly positive on the drillers right now.>> They want you to sell them your shares....get it? Paulo

To: Thean who wrote (19037)	4/14/1998 6:33:00 PM
From: Gator II	Read Replies (1) \| Respond to of 95453

Thean...I, too, have noticed that analysts have been shunning the sector yesterday and today but I didn't think they were last week. It seems that the majority of them were hyping the drillers until earnings were upon us. Something I find a bit disconcerting is how little both GLM and RDC have reacted to what were good earnings albeit expected. Yesterday RDC was down 3/4 and today up 9/16ths. GLM was up a net 1/16th for the same two days. That's a net increase of only a quarter of a point for both of these pacesetting drillers after MEETING expectations...Imagine if they had disappointed and the effect it could be having going forward. Thean, thanks for all your great input and good cheer. This string is very fortunate to have your good sense and advice IMHO-- Gator