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

To: John Carpenter who wrote (21487)	5/5/1998 7:57:00 PM
From: Challo Jeregy	Read Replies (2) \| Respond to of 95453

John, whatever happened to Red Adair? Is his company around, or is he B&C???? Challo

To: John Carpenter who wrote (21487)	5/5/1998 8:00:00 PM
From: sand wedge	Respond to of 95453

John, you have hit on the primary reason for Boots' new business approach. It used to be a feast or famine business model. Disaster strikes, business is booming (no pun intended). When wells are running fine, they starved. Morphing into WEL and acquiring the companies they have, will allow them to offer a wider array of preventitive services. Which, obviously, produce a smaller but more steady revenue follow. If this concept takes off and drillers see the economics of blowout prevention, then this baby might just fly.