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

To: SliderOnTheBlack who wrote (32252)	11/30/1998 10:29:00 AM
From: Mike from La.	Read Replies (1) \| Respond to of 95453

Slider, You said in an earlier post that because of the OPEC cuts the supply overhang was slowly but surely being drawn down. What are you looking at that tells you that the supply is moving downwards? Mike from La.

To: SliderOnTheBlack who wrote (32252)	11/30/1998 10:31:00 AM
From: RGinPG	Read Replies (1) \| Respond to of 95453

We're not getting there anytime soon I'm afraid. With oil going down to $5 a barrel and OPEC and the rest of the exporters fiddling while Rome is burning, these service companies have little chance of maintaining profitability. This is what the market is telling us. We are headed for another downdraft, the length and depth of which I could only guess. osxstocks.com