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

To: marc chatman who wrote (20749)	4/29/1998 9:21:00 AM
From: Captain James T. Kirk	Respond to of 95453

09:15 ET Horizon Offshore (HOFF) 13 5/8: Salomon Smith Barney and PaineWebber initiate coverage of stock with "buy" ratings. Salomon sets a 12-month target of $18, noting that stock trades at about 11 times FY99 estimates and a 30% discount to its peers. Last night, marine construction services company reported Q1 net of $0.19 vs a yr-ago loss of $0.16. Salomon was lead-underwriter of the company's April 2 IPO, priced at $13.

To: marc chatman who wrote (20749)	4/29/1998 11:03:00 AM
From: Ken Robbins	Read Replies (2) \| Respond to of 95453

Coflexip's main product is flexible steel pipe used for flowlines between subsea wellheads and floating production units, etc. They also make flexible control umbilicals used to operate subsea valves and appurtenances from surface facilities. Coflexip also operates marine equipment to install pipe and cables. coflexipstenaoffshore.com EVI, Inc. sells, among other things, steel tubulars used in drilling and well completion. grantprideco.com Very little, if any, competition between the two companies.