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


To: gregor who wrote (27899)8/17/1998 2:11:00 PM
From: Platter  Respond to of 95453
 
Bid for GIFI.................Stock been UP all day...could this mean there may be a buy out of the company, following in the footsteps of recent consolidation in the Oil service/drilling sector...............



To: gregor who wrote (27899)8/20/1998 10:57:00 PM
From: Tulvio Durand  Respond to of 95453
 
Natural Gas $ per mm btu's Month Price Change Sep 1.9950 0.12 Oct 2.0150 0.10 Dec 2.5050 0.07 What is your explanation of the dec contracts for nat gas. Oil is very similar in that the time premium is rather great IMO. The smart money has to be selling the forward contracts. But at the same time by taking the speculative slack out of the market any rally is going to be met with some heavy selling. gregor Gregor, sorry for not answering sooner. I don't have the foggiest when it comes to nat gas. And am only slightly better informed when it comes to oil. Hopefully somebody can jump in here and answer your question. Good luck investing. Tulvio