Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (25794)	7/15/1998 2:16:00 PM
From: Steve Childs	Respond to of 95453

Spoke with FGII IR today No cancellations of any backlog. New Letters of Intent coming in. Current backlog stands at $407 million and rising, up from last published figure of around 300 million. All of their construction and retrofitting is in deepwater. Most contracts have substantial down payments and are set for 2-3 years. They are "very comfortable" with analyst expectations for this quarter, reporting end of month (27th?) Steve

To: Lucretius who wrote (25794)	7/15/1998 2:24:00 PM
From: BOGEY	Read Replies (2) \| Respond to of 95453

Normally I like to stick to posting news stories or data like many on this thread, but I have to say I sure get tired of filtering through useless posts of some peoples' personal fantasies on stock price movement based on who knows what. There are other threads for that...Regards

To: Lucretius who wrote (25794)	7/15/1998 2:46:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

Lucretius...we agree to disagree as gentlemen(women)...response - WRONG !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ''Earth to Luc, Earth to Luc.....'' <'' I see no volume behind it (even if I didn't know what I know) to make me believe this is the turn. My advise.... reconsider your position. -Lucretius >'' *****are you kidding me ? here, from my post yesterday: <'' one word - V O L U M E ! just a few from today; PTEN 1.4 million vs. 600k avg. --- wow, a land driller ! MDCO 2.7 million vs. 1.3 avg. GLM 3.4 million vs. 1.9 avg. FLC 1.8 million vs. 1.0 avg. RIG 1.8 million vs. 900k avg. VRC 2.0 million vs. 500k avg. EVI 1.1 million vs. 800k avg. HLX 723k vs. 224k avg. and the majors ! HAL 3.4million vs. 1.9 avg BHI 3.3 million vs. 1.6 avg. SLB 3.8 million vs. 2.5 avg. We have not had this type of volume move in a long, long time. This can not be discounted. The earnings were the truth that set us free.... and this volume is the verification that something fundamentally different did occur today in the patch. >'' *as far as not having had earnings revised downward - once again, are you kidding ? ...do you have an analyst earnings link ? I do; too long to post ...their earnings have been lowered all most daily ! Most have had the bar lowered to a level that the proverbial ''Fat Lady'' will be able to high jump over whilst she sings !!!! Luc; momma said never bring a knife to a gunfight .....and don't you dare be ''dissing'' my buddy Cramer any more ! - see Tom Miller's post- Message 5129235 Luc...suggestion : call 1-800 DR LAURA -- seek help ! <VBG> ...talk about a fastball being served up - right down the middle - this was just ''BP'' ! Slider