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To: Big Dog who wrote (27759)	8/14/1998 2:42:00 PM
From: Grommit	Read Replies (1) \| Respond to of 95453

GLM's release mentioned something I said in past newsletters -- the analysts don't yet know how low the day rates are. I should have sold when I realized that.... Yep. I saw this in the boat sector and was flabbergasted. I called a boat company or two and they told me their present dayrate. I looked at the analyst reports and saw that had much higher assumed dayrates and thought "how in the heck can they NOT spent 10 minutes a week to update themselves?" Even the CEOs have no idea where this is heading. We can track their statements and press releases since last fall. Even some of the pessimistic releases have been too optimistic. Phone calls are cheap and we have numerous oily people on this thread who give us advance indications and tidbits. The point is -- with a phone call you can usually get advance information and trade before the crowd. But I have also called companies and gotten one story only to be blindsided a week later with a yucko press release. Who knows?

To: Big Dog who wrote (27759)	8/24/1998 3:01:00 PM
From: Snowshoe	Read Replies (2) \| Respond to of 95453

Big Dog, so THIS is what you have been up to!!! ... Report: Texan pays lab $5 million to clone pet dog Monday August 24 2:02 PM EDT LONDON (Reuters) - A Texas millionaire is paying a cloning laboratory $5 million to produce a living replica of his pet dog Missy, according to a BBC program. The laboratory has already received some cells from the dog, which is part collie, part Alsatian, Newsnight said Monday. The cloning laboratory of Texas A & M University at College Station had been given two years to produce a clone. Laboratory Director Mark Westhusin said he thought other millionaires would be keen to follow suit. ''I'm sure there are lots of them out there that would if they knew the potential existed to do it,'' Westhusin said. Newsnight said other laboratories and companies were hoping to move into commercial cloning of pets and racehorses. dailynews.yahoo.com