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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 (28814)	9/1/1998 10:52:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 95453

Doug/ALL, a very lucid and perceptive description of the present market and the direction it may be going has been written by Sun Tzu. I urge all to read it - it cuts through the fog. exchange2000.com Douglas, thank you for the reminder on ECMs. I am not at all qualified to assess salvage value of rigs - but $1,000,000 per rig seems high. How much is salvaged steel worth? Meanwhile I do not feel confident enough to commit any more of my cash to the market. Viele Gráe, Gottfried