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


To: diana g who wrote (30712)10/14/1998 6:44:00 PM
From: Teddy  Respond to of 95453
 
**way OT** diana, great to hear from you. i think what you said about me was nice and thank you. My recent post were directed at the thread's new "oil experts" that have called the bottom every other day for the last six months (who are these people and why should anyone believe them? like if they don't even know who i am, what could they know about off shore drilling? <G>).

Anyway, i do have something meaningful to add concerning buy backs:

Per SEC rules (check this for current rules):
1. The company can only buy 30% of the shares traded for that day.
2. The company must stop buying at 3:30 EST (half hour before market closes).

Have a nice day. I'll try to remember to buy a driller or two if there is ever any sign that the industry is showing any signs of improving.

Best wishes




To: diana g who wrote (30712)10/14/1998 11:55:00 PM
From: Lee Fredrickson  Respond to of 95453
 
diana,

Here's some more thoughts on buy-backs, from another Strictly...
expatriate and thoughtful practitioner of the FA arts:

www2.techstocks.com

Good to see you on the air. (In the wire...?)

Had to chose yesterday b/t VTS & VTSS----went with the latter after
much ponderage. So far, so good.

Lee