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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 (23095)	5/30/1998 4:14:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

from the earlier post, it appears that CDG has refurbed most of its rigs already.... I would guess that VRC with its huge backlog could survive any near term slow down. Driller-wise, DO & RIG look to be the safest bets. RDC has the diversification angle going and expectds the helicopter division to do well this year because of El Nino effect. Do you suppose the slowdown in E & P has more to do with producer backlash against the driller rates or is it just smaller E & P outfits that can't ride out the low oil prices? I'm guessing there are many angles to these games. The land drillers look positively dismal. PKD is now near last years low and looks like it wants to join GW in the doldrums....$6-7.50 maybe? Perhaps Doug or pz can update us on the land drillers....