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

To: SliderOnTheBlack who wrote (32334)	12/2/1998 12:30:00 AM
From: Cragganmore	Read Replies (1) \| Respond to of 95453

Slider, I'd appreciate your thoughts on TCMS & MRL. Currently, I own FGI, RIG, VRC, MRL & TCMS. Of this, TCMS & MRL bother me the most. TCMS, with 34M mkt cap and 57M long term debt. MRL with substantially reduced earnings estimate for 99 (~ 55 cents, down ~ 53%). And I am contemplating buying GLBL now. Thanks Cragganmore

To: SliderOnTheBlack who wrote (32334)	12/2/1998 10:48:00 AM
From: SargeK	Respond to of 95453

Slider, Thanks for the briefing. I just added another 1k glbl @ 4 7/8. If crude (WTI) remains in the $11 area for awhile (as I expect) prices may very well drift lower with heavy tax selling until year end. I am sitting on a high percentage of cash to further advantage myself with this opportunity for triple and quadruple baggers. I agree with you, guts and patience are the watchwords in this environment. Thanks again for the input and GOOD LUCK. K