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

To: Douglas V. Fant who wrote (28124)	8/21/1998 1:39:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

FGII ... I'm a buyer at new 52 week low - at $12 5/8 ths I'll play a bounce or hold long term - an institution wants out and I want in at those levels... EVI RON RIG FGII - a man can't go wrong on these... at current prices - set some ''limit'' buys and try to catch them on new lows...RIG just a little lower C'Mon RIG ! Marc; use these unrelated market downdrafts to play a ''bounce'' on the big daily loosers or as buying opportunities - IMHO. We are seeing institutions bouncing RON, BHI & CAM $2 left and right here...watch the OSX high volume moves on these... waiting on RIG @ $28 3/4's today - I'll play a bounce and keep a little long term...

To: Douglas V. Fant who wrote (28124)	8/24/1998 1:01:00 AM
From: Lee Fredrickson	Read Replies (1) \| Respond to of 95453

Doug, (If I can get you bull/bear participants to neutral corners for a minute. <gg>) I've been following your observations regarding petropolitical events and situations with great interest and recall your recent observations about Nigeria on some SI thread. News in Oil and Gas Journal (can't link, subscription service) today reports that Abubakar (military ruler of Nigeria) has disbanded his cabinet and installed some very interesting people in the top posts: Foreign Minister-----Ignatius Olisemeka, former Ambass. to USA and Israel. Well respected internationally. Finance Min.---------Ismaila Usman, former (ousted by previous regime) head of central bank, reinstated by Abubakar, now Fin. Min. Again, well regarded world-wide, and known as a corruption fighter. Oil Min.-------------Office eliminated, apparently too much corruption available from that chair. Of 31 ministers in new cabinet, (new and temporary, until May 29, 1999 elections) only 12 are northern Muslims. Remainder are Ibo, Yoruba, and another tribe whose name I can't recall, a hypenated name Fxxxx-Hxxxxxx. Does this guy Abubakar stand a snowball's chance of being as genuinely reform-minded as the picture I'm getting of him from various news sources? If he is so, does he stand a chance of physical survival until the elections? (Sounds like he's chomping on the lunch of what must be some unsavory characters and messing with the fundamentalists' grip on an oil rich nation. Any light on this situation would be greatly appreciated. Lee