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


To: Big Dog who wrote (31570)11/6/1998 10:19:00 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
Careful, Big. I know from bitter experience that you don't want to be dissing a lady's children or cat or especially her dog. Husbands, you can run down all you want. She will encourage you.<g>

The Bob Rose interview certainly confirms the earnings dependence on oil price scenario. I especially liked his point that their business is mainly with independents rather than Big Oil and that their customers are dependent on production cash flow to finance drilling activity. I always thought of it as dealing with megabucks giants.
fool.com

OTOH, Ron's chart certainly doesn't show show much correlation with OSX level and oil prices in 97 - 98.
osxstocks.com
Comments ?

John




To: Big Dog who wrote (31570)11/10/1998 10:07:00 AM
From: RealMuLan  Read Replies (1) | Respond to of 95453
 
Big Dog: << I sold FGII at 18 and have an order in to buy back at 16 1/2. I bet it gets filled early next week. >.

Are you still going to buy FGII at $16.5? It looks like the stock will drop lower than that.
Good luck.