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


To: pz who wrote (25463)7/10/1998 12:27:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Pool...isn't that a drilling company?

(BTW, Last week we closed the sale of an ex Pool rig located in the UAE. Buyer was Indian, but the rig will work in the middle east. Price USD 17 million. It was a small 160-ft jackup that hadn't worked in years. The owner dodged a bullet by selling at this price...see the value of the Big Dog?)

Kids, I really think we are at the bottom today. Look at MDCO...it ain't budging. There are not any more sellers. The short sellers will likely turn their attention to the high fliers and leave these dead ducks alone.

Time for me to have a nice big slice of pie.

Pups