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

To: The Ox who wrote (19529)	4/17/1998 5:44:00 PM
From: rocklobster	Respond to of 95453

Contest Sounds good to me . My picks if every one likes the contest are Halliburton HAL short. because I think they are going to miss their numbers because of costs associated with the DI merger and I think there is something screwy up with the earnings being moved so many times. Long NOI because I read yesterday that they were the second best oil service stock last year returning over 80% on shareholder equity. I don't know if that's accurate but someone said it in a Wall Street Journal special edition on the 1000 hottest stocks of 1997 and I have also played this one profitably in the past. Later, Richard

To: The Ox who wrote (19529)	4/17/1998 6:44:00 PM
From: Ken Robbins	Read Replies (1) \| Respond to of 95453

CONTEST, long SII, short SLB. <eom>

To: The Ox who wrote (19529)	4/17/1998 6:57:00 PM
From: Teddy	Respond to of 95453

RIG COUNT April 17 - 23, 1998 i'm not playing the contest this week because every stock in this sector should go down 30 or 40% Offshore rig counts unchanged; fleet to grow HOUSTON: Worldwide offshore rig counts are unchanged from last week, according to Offshore Data Services weekly mobile offshore rig count. Worldwide rig utilization remains strong despite some concerns in the offshore oil and gas industry about soft oil prices. In the U.S. Gulf of Mexico, fleet size increased by one to 176 with the movement of a shallow water rig into the region from South America. However, the contracted rig count remained unchanged at 169. The movement of the one rig into the area caused a slight decline in Gulf of Mexico rig utilization, which now stands at 96.0 percent. In European waters, including the North Sea and Mediterranean Sea, 106 mobile offshore drilling rigs are under contract this week. Fleet size is unchanged at 110 rigs; fleet utilization is 96.4 percent. Worldwide, 584 of 609 mobile offshore drilling rigs are under contract. Worldwide offshore rig fleet utilization is 95.9 percent. Of the 25 rigs without contracts, only three are reported by their owners as being immediately available for work. Sixteen are in shipyards for upgrades, maintenance and/or repairs and the remainder are not actively marketed for work. Sixty-one mobile offshore drilling rigs are under construction or on order worldwide; 42 of these new rigs are designed to work in water depths exceeding 800 meters. These sixty new rigs will be joining the offshore drilling fleet over the next 30 months: 16 are scheduled for delivery in 1998; 30 are scheduled for delivery in 1999; and 14 are scheduled for delivery in 2000.

To: The Ox who wrote (19529)	4/17/1998 7:03:00 PM
From: Lost1	Respond to of 95453

Picks de Lost1---short KEG, long RIG adios y buena suerta, lost1

To: The Ox who wrote (19529)	4/18/1998 10:55:00 PM
From: jbe	Read Replies (2) \| Respond to of 95453

*Contest Picks. NEW! The Karma Index* Thank God, I -- or rather, Telescan's Macro*World Price Forecasts -- lost the last contest thunderously. Imagine predicting that the internet stocks were due for a major correction! Anyway, Telescan's "mathematical formula" has covered itself with shame. Time now for my -- ahem! ahem! -- ALL-NEW proprietary model: The KARMA INDEX. It is well known, of course, that some people have "good karma" and some have "bad karma." The same thing is true of STOCKS. Good/bad karma has nothing to do with a stock's present virtues, but everything to do with its virtues in a past existence, which carry over in an incomprehensible way into the present. There were a lot of candidates for top karma status, but just to be different I have chosen Newpark Resources. Thus: LONG: NR. There are plenty of candidates for "bad karma," including those I own myself (ESV,TDW). However, I don't wish to jinx myself by nominating my own stocks to win in the "short" category. Besides, TDW may reverse its fortunes by offering up its usual positive earning surprise next week. That leaves, however, plenty of candidates, including MIND -- which is NOT on the Yahoo list. I thought of nominating TBDI, but that poor stock is SO undervalued that somebody may just figure it out. So, here goes: SHORT: DALY If I don't win this contest, I shall clearly have to revise/update/modify my KARMA INDEX. Stay tuned. jbe