Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bw who wrote (19683)	4/20/1998 1:33:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 95453

Thread, last quarter Varco said in its press release that it was seeking to significantly expand its facilities. This quarter backlogs again grew substantially against the backdrop of a facility constrained business. Do any of you know of how Varco intends to expand? Have there been any news stories on this? TTFN, CTC

To: bw who wrote (19683)	4/20/1998 1:58:00 PM
From: waverider	Respond to of 95453

>>I do agree that oil prices are difficult to forecast, but would think that those making these budget calls for the majors are definitely more in the know about supply/demand than I could ever hope to be...<< Good point. And BTW don't worry about offending me. I can't be offended on the internet anymore. I've learned that when you can't see facial or other forms of non-verbal communication I always defer to the positive any comments folks make here and elsewhere. OT You folks who bought all those Qualcomm (QCOM) phones for the rig workers to use, thanks. Nice pop today. Earnings out tomorrow. Someone bought 200,000 shares around noon. Nice bit of spice to add to today's oil patch.