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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Lou who wrote (790)7/14/1998 7:34:00 PM
From: Sterling  Respond to of 2282
 
Thanks, Jim.

I've been in and out of GLM over the years; and over the past 6 months it's been faking me out quite a bit. I'm back in right now for better or worse.

I've been reading news most of the day. I especially enjoy the reference to 1999 in the release you posted. From the Parker Drilling conference call last Friday, I was also interested to hear that some customers were implying some new orders in the Fall.

The way this market's been going, it wouldn't surprise me if in a couple of months from now we looked on this as a downtrend magnified by traders, that is, a bit overdone.

Like I say though, it's been faking me out for 6 months now.