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

To: waverider who wrote (20783)	4/29/1998 2:34:00 PM
From: Big Dog	Read Replies (3) \| Respond to of 95453

Don't worry about CXIPY. These are the deep water plumbers. They will provide the means by which oil companies produce these finds. This company is one of the best in the bunch...equal to FGII even...in my book. You are right, I also like VRC. EVI is also up and coming and will be even better with accelerated earnings resulting form the WII merger. Those would be my choices...for short term speculation buy MIND !!! Also, the JU that MDCO bought is not really a drilling rig. It is an accommodation unit. It can possibly be converted into a drilling rig, however. I do not think the plans of MDCO are firm at this time as to exactly what use to put this unit to. It was a smart buy. big pup

To: waverider who wrote (20783)	4/29/1998 3:26:00 PM
From: Tulvio Durand	Read Replies (2) \| Respond to of 95453

Oil down 0.37, better wait a while. I just took some profit in RIG. Plan to buy RIG back soon at cheaper price. Tulvio

To: waverider who wrote (20783)	4/29/1998 9:26:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 95453

I like CDG and RDC. Both trading at PEs of 13+. RDC has their fingers in a lot of pies - land and offshore drilling; steel mill and heavy equip. manufacture; helicopters and fixed wing aircraft. While this might be a detriment in some scenarios, when times boom, as I think they will, they'll run. They also have good management. Cliff's has few shares outstanding, is well run and a favorite of the Mo-Mo boys. I've followed this sector almost two years and have yet to see a drilling stock which can or has run like CDG. All of above, of course, IMHO. I don't own any FGII yet but will remedy that if it drops down. So many interesting choices! So little money! Good Luck!