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

To: Jack Be Quick who wrote (20170)	4/23/1998 5:39:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

All I can say about TDW is they better get it together! If oil breaks 15 again it won't matter if TDW earns $5/share last qtr.! These guys gotta learn that it doesn't pay to announce against the trend. CDG did that and got skewered. TDW was not good today in breaking thru 40. On the other hand...some one stepped up and bought at the close again...looked like over a 100k shares. There have been a number of big blocks on the buy side all week...it's the constant price leakage that gets me. I noticed that just before a big buy the MM will take the bid spread and drop it to 3/16 or more below the ask...this causes a little flurry of selling and then ...boom!..a block gets bought. Heavy call buying action all week BTW.