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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (389)	8/18/1998 5:05:00 PM
From: VegasMan	Read Replies (1) \| Respond to of 7247

Anyone a buyer of drillers here...specifically GLM. Have a GTC at 11 3/4...Ive been told that is to low, but this excerpt is from Briefing.com via Strictly drilling thread states differently >>>>>>Global Marine Inc. (GLM) 12 9/16 +1/2: ING Baring Furman Selz initiates coverage of offshore drilling services company with "hold" due to exposure to the soft jackup market; believes that softness in the Gulf of Mexico could spill over into the international areas; also suspects that earnings surprises could be on the downside; recommends accumulating shares in the $9-$10 range.....<<<<<< VM