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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 (25041)	7/1/1998 9:43:00 AM
From: ron peterson	Read Replies (1) \| Respond to of 95453

EGEO turning around nicely.Seem to be positioning itself more into the ocean seismic areas. Anyone here follow EGEO? thanks,Ron

To: marc chatman who wrote (25041)	7/1/1998 9:56:00 AM
From: SJS	Respond to of 95453

My take on the interviews (in the midst of the kids yelling, phone ringing, etc) was that one guy was bullish on Gulf low cost energy producers [he named a few I didn't know], and the other guy was more neutral to bearish for the ST. He indicated that the IRAN incident didn't mean diddley yesterday, and that it won't influence anything.

To: marc chatman who wrote (25041)	7/1/1998 11:39:00 AM
From: Ken Robbins	Read Replies (2) \| Respond to of 95453

Here are some more details on the CNBC interviews: John Myers of Morgan Keegan is long term bullish on crude prices. He cited the increase in world demand from 50 to 73 million bpd over the last 12 years and extrapolated an extra 10 million would be needed over the next 5-6 years, and since he didn't think this much would be added to supply, crude prices would rise. He likes low cost gas producers in the GOM and mentioned Newfield Exploration, Stone Energy, Basin Exploration, and Callon Petroleum. The other guy was pessimistic on crude prices but liked some of the international oils.