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

To: Teddy who wrote (20054)	4/22/1998 5:34:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 95453

Teddy, I think you're right, What have I been smoking??? I'm dumping NE in the morning (sorry if I rock the stock guys but I want out) I moving to the internet BABY!!! Go YHOO and KTEL!!!! (ggg) -Lucretius

To: Teddy who wrote (20054)	4/22/1998 5:48:00 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

Teddy, please note that your post of Jim Day's comments said that the EVA conversions were proceeding ON TIME and ON BUDGET. I challenge anyone to point to any other conversion project...or even newbuild project that has been on time and on budget...Smedvig's head honcho just quit because of delays and cost overruns. The point here is...GUESS WHERE THESE EVA CONVERSIONS ARE BEING DONE... F G I I say it again, F G I I Do you think other customers will notice that FGII does work on time and on budget? You bet your sweet ass they will. big

To: Teddy who wrote (20054)	4/22/1998 9:52:00 PM
From: Shelia Jones	Read Replies (3) \| Respond to of 95453

Cramer is sanguineless about the oils and "no fan" either. He is amazed our sector made earnings. Wrong! Dispatches from the Front: Cramer on the Market's Schizophrenia By James J. Cramer 4/22/98 9:00 AM ET Did I say triple-schizophrenic? How about quadruple? Never, in all my years of trading, have I seen a market with more personalities than this. Let's break them down. First, there is the shocking, downright amazing earnings syndrome. Take IBM, which I am long. Sure, that wasn't a great quarter. The papers, however, quite wrongly suggested it was weaker than expected. Hardly. The fact that IBM could deliver such unbelievable numbers in the face of so many problems is worth every one of the eight points it just earned. Or Chase, which I am also long. Chase put on some amazing numbers. Okay, maybe you don't like trading gains. Then how about the reduction of bad loans to East Asia? That was a monumental decrease. Exactly the opposite of what now-retired Wrong Way George Salem told you would happen at Chase 40 points ago (please see my piece on that). Or the oils and oil service. I am no fan of these guys now, and I see the writing on the wall that things could get worse down the road. But the amazing fact is that despite a dramatic decline in crude, everybody did pretty well. Didn't used to happen that way.