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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (284)	1/10/1999 8:07:00 PM
From: Bob Jagow	Read Replies (1) \| Respond to of 686

off topic, Ed. Article in Barron's touts Bouygues Offshore and chart shows a nice dbl bottom. Any thoughts? -Bob ---------- "it specializes in the manufacture, installation and maintenance of huge floating production, storage and offloading vessels known as FPSOs. These massive (up to three football fields long) and expensive ($40-$200 million) ships are designed for drilling, production and storage of oil in much deeper waters than the usual fixed or jack-up oil rigs. Analysts predict that the major oil producers are likely to spend $40-$60 million over the next 20 years tapping these new West African fields, and Bouygues Offshore hopes to build and maintain a substantial number of the FPSOs they need. The firm has been active in Africa for 20 years, and its senior executives are familiar with many African heads of state, which is essential to winning business in that part of the world. Bouygues has won some big contracts recently, including a high-profile $185 million deal with Exxon to complete work on a badly needed FPSO that another contractor was unable to finish. The company now enjoys a firm order backlog in excess of $800 million, or around 75% of projected 1999 revenues, the envy of the industry. Many industry watchers believe that FPSOs represent the future of petroleum production. In recent years, huge untapped oil reserves have been discovered lying under the deep waters off Africa's west coast -- perhaps as much as 15-20 billion barrels -- in a region far removed from the instability of the Middle East. Some 13 African fields are currently being developed, stretching from the Ivory Coast to Angola." ----------

To: Ed Ajootian who wrote (284)	1/19/1999 11:04:00 PM
From: Jane Hafker	Respond to of 686

Ed, I'm a few miles from the Canadian border in a state that has been shunned for being like the Yukon all winter. Now it's very like Phoenix. Two days of snow, which mostly dried up too quickly, and not even any reason to have snow tires. Very, very, very, very spooky. Warm as heck and hardly winter at all. I have to turn off the heater to have any kind of fire. Very, very, very spooky, I repeat. Oh--But there IS NO GLOBAL WARMING, OF COURSE!! And everything is getting better and better and since we have Bill Clinton we do not need God, he is.