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


To: Mike from La. who wrote (28229)8/24/1998 12:07:00 PM
From: Platter  Read Replies (1) | Respond to of 95453
 
Mike, your comments on FGII would tie in with their recently announced stock buy back...company seems to be confident they can still do well in spite of oil prices decline and the stock price is undervalued.........



To: Mike from La. who wrote (28229)8/24/1998 12:50:00 PM
From: Chas  Respond to of 95453
 
There may be some slowdown with the oil field service cos, but it is not really obvious to a casual observer in the oilpatch. There are many cos advertising for workers via radio, billboards, and even on TV in the Lafayette LA/New Iberia area.

The proprietor of my local Friday evening watering hole has become bearish on the oil patch. Is this a sign of the bottom?

Diamond H: As one who has followed the thread for a year, I hate to see you quit posting here. I don't consider myself to be a permabull, but I remain optimistic about the oil field. No question that you have been 100% correct so far and I would be ahead by taking the approach you did. I for one take your recent bearish posts as being offered with the intent to be helpful. When Thean and LT abandoned the thread, I thought they were a bit premature and thin-skinned. I wouldn't let one or two vocal people run me off of the thread. Unless you are leaving because those that remain on the thread have nothing of value to offer you? Please reconsider, because I for one value all input which has relevance to my investments.

Good Luck, Chas