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


To: William L. Oppenheim who wrote (19429)4/16/1998 9:46:00 PM
From: omaha  Read Replies (1) | Respond to of 95453
 
Hey out there, I am new to the thread. I am just wondering if anyone has any opinions o R&B Falcon (FLC-NYSE). It looks like a great company to me. Thanks all----Omaha



To: William L. Oppenheim who wrote (19429)4/16/1998 9:58:00 PM
From: marc chatman  Respond to of 95453
 
>>Why are we worrying about this on a day to day basis, hanging onto every press release, earnings estimate, and internet rumor. Let it ride 6 mo and see where we are.<<

I believe in that, which is why I've staked out a long term position. But I also do some trading, and these things do muck it up some. And even though I don't have a trading position in ESV, the comments on the conf. call will have (or have had) an impact on other drillers. It's out of my control, of course, as to what these companies say and when they say it. I am a bit concerned, though, because in my experience, where there is one piece of bad news, there is usually a second, and a third. And the sector gets punished each time.

P210. That's the Centurion? -- nice and fast. A former partner of mine used to have one of those. I just fly little guys, mostly Cherokees with the occasional ride in a Skyhawk. Unfortunately, I'm not current. My biennial came up in December, but the place I fly moved to a less convenient airport, so I need to find a new place.