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


To: marc chatman who wrote (32295)11/30/1998 11:39:00 PM
From: dj8000  Read Replies (2) | Respond to of 95453
 
cnnfn.com

one person mentioned in the article that he expects oil price to up sharply.

DJ



To: marc chatman who wrote (32295)11/30/1998 11:51:00 PM
From: Mark Glembocki  Respond to of 95453
 
Marc and all,,

How about that 49er's game....got some of my oil patch money back (bout .01%) !!....Just a late night observation - I have been trading this sector very aggressively for about a year now...believe it or not I made money when ESV was @ 29 and TMAR was @ 21 and DO @ 48....well now they are 9,5 and 22 respectively !!! Gave all of my gains back and then some....sure glad I didn't hold for the ride down. Back to the late night observation,,,during this 75% decline in my wonderful companies this thread was 60 to 70% bullish,,,,now that they are 1 step away from a penny stock Janney Montgomery downgrades to SELL, not one CNBC regular says anything positive about the sector and this thread is about 90% bearish (this leaves you out Slider!). Big Dog, I know its all about the price of oil but damn it,,,these things will bounce 50% from their eventual bottom before we hear any good news about the sector,,,that's just the way this crazy casino in the sky works !!!!

Just an observation !!!!
Mark



To: marc chatman who wrote (32295)12/1/1998 9:39:00 AM
From: marc chatman  Respond to of 95453
 
Tuesday December 1, 8:30 am Eastern Time

Company Press Release

SOURCE: Weatherford International, Inc.

Weatherford Completes Three Technology Deals

Additions to Company's Offerings in Expanding Production Enhancement Drilling Market

HOUSTON, Dec. 1 /PRNewswire/ -- Weatherford International, Inc. (NYSE: WFT - news) today announced several technology acquisitions and exclusive license arrangements -- Radius, Rotech and TechLine -- that will complement the company's extensive line of products and services for re-entry, thru- tubing and under-balanced drilling applications, all of which are dedicated to maximizing reservoir recovery and overcoming production decline rates.

....

biz.yahoo.com