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

To: NucTrader who wrote (26463)7/24/1998 11:45:00 PM
From: Braddock Bull  Read Replies (2) | Respond to of 95453
 
<<What's wrong with old CDG?>>

I'd sure love to know! Earnings are next Wednesday morning before the opening. I guess we'll see soon enough if there's a rat hidden there. I doubt it. Of course even good earnings have meant nothing, at least this week. Maybe by the time we get around to Wednesday, we'll be in some kind of bounce mode. At even the lowest eps estimates for '99, Cliffs has one of the lowest multiples in the sector and will take off like a rocket whenever the tide turns.

I'm not seeing this insider selling in June. Are you talking about the option for 4,000 shares by Mr Reid? Did I miss some others on Edgar? Post if you can, thanks.

Brad



To: NucTrader who wrote (26463)7/25/1998 1:09:00 AM
From: Thomas M.  Read Replies (1) | Respond to of 95453
 
Speaking of insider selling, Bob Gabele of CDA/Investnet said on NBR tonight that the E&P sector has some insider buying, but oil service sector has selling. When he was asked about this dichotomy, he said something about takeovers that I really did not understand.

Tom


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