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

To: SliderOnTheBlack who wrote (35137)	1/15/1999 9:09:00 AM
From: Box-By-The-Riviera™	Respond to of 95453

Friday January 15, 8:29 am Eastern Time Company Press Release Westergaard-Strain 6th Annual Oil & Gas Conference Well Attended Yesterday 9 Micro-Cap Exploration and Producing Companies Presented To Institutional Investors, Brokers and Investment Bankers Y2K Maven John Westergaard Predicts Unsettled Energy Environment During Millennium Transition NEW YORK--(BUSINESS WIRE)--Jan. 15, 1999-- The Sixth Annual Westergaard-Strain Micro-Cap Oil & Gas Conference was held yesterday at the Waldorf Astoria in New York City. Nine development stage companies engaged in domestic and foreign exploration co-hosted meetings conducted in the informal setting of a Waldorf Hotel suite. Host managements each presented six times during the course of the day to small groups of typically 4 to 8 analysts, portfolio managers, brokers, investment bankers and venture investors. Since Chuck Strain of Houston based Strain Consultants, Inc. and John Westergaard of Westergaard Online Systems, Inc. founded the conference series in 1994, resulting matchups between companies and institutional investors have helped generate tens of millions of dollars in fresh capital for exploration and development. ''We were frankly astonished at the high level of interest in the conference this year,'' Mr. Westergaard noted. ''A number of sessions were literally standing room only. Between the present low level of oil prices and the blizzard which hit New York City yesterday, it says something that so many investment pros made the extra effort to get to the conference.'' As for next year, its is Westergaard.com's view that oil and gas prices will be higher, indeed possibly a lot higher according to its global analysis of financial and economic uncertainties in Asia and potential problems of pumping, refining and transporting oil that will arise due to the Y2K Millennium Bug. Next year's conference will be moved ahead to February as Westergaard questions whether triage of the air traffic control system will allow for any successful conferences to be held in January, most importantly the huge consumer electronics show held the first week of January in Las Vegas. Companies co-hosting the conference were CGX Resources (CDN:CGXX.U), Esenjay Exploration, Inc. (Nasdaq:ESNJ - news), Evergreen Resources (Nasdaq:EVER - news), The Exploration Company (Nasdaq:TXCO - news; Nasdaq:TXCO - news), Harken Energy (AMEX:HEC - news), Seven Seas Petroleum (AMEX:SEV - news), Solana Petroleum Corp. (Alberta:SOL - news), TechnoPetrol (CDN:TPTE.U), and Texoil (Nasdaq:TXLI - news). Conference co-sponsor Westergaard Broadcasting Network.com wbn.com , an Internet broadcast channel owned and operated by Westergaard Online Systems, Inc. (OTCBB:WSYS - news), licenses and manages a network of Internet cyberstations designed to help define public companies to Internet online investors and protect them from Internet rumor mongering and stock manipulation. Westergaard Online Systems, Inc. is the successor to various investment publishing, management and banking activities engaged in by John Westergaard since 1960. A change in corporate title to Westergaard.com,inc. is contemplated. Mr. Westergaard stated: ''When Westergaard Online began Internet publishing in the fall of 1995, we registered the URL (universal resource locator) ''westergaard.com''. Now, as additional Westergaard Internet channels roll out over the next several years, a consolidation of the corporate title with the URL will simplify public access to our various channels and create greater consumer awareness of ''westergaard'' as a brand name standing for quality and integrity of information. Other Westergaard Internet channels are Westergaard Year 2000, a publisher of information and analysis on the Y2K Millenium Bug currently attracting one million ''hits'' weekly worldwide from 127 nations, and Westergaard Year 2000 Speaker's Bureau.

To: SliderOnTheBlack who wrote (35137)	1/15/1999 9:11:00 AM
From: Box-By-The-Riviera™	Respond to of 95453

Friday January 15, 7:16 am Eastern Time Company Press Release SOURCE: Parker Drilling Company Parker Reports Loss for Quarter TULSA, Okla., Jan. 15 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD - news) reported today unaudited revenue of $105,092,000 and a net loss of $7,658,000, or a $.10 loss per diluted share for the three months ended November 30, 1998. The prior year's results for the same quarter reflect total revenue of $109,880,000, and net income of $10,682,000, or $.14 per diluted share. ''The industry continues to experience the effects of the most dramatic drop in energy prices since the 1980s,'' said Robert L. Parker Jr., president and chief executive officer. ''Parker's strategy is to curtail costs and concentrate our marketing efforts in areas showing greatest potential,'' he added. Parker is changing the fiscal year-end from August 31 to December 31, effective December 31, 1998. The company will file a transition report on Form 10-Q with the Securities and Exchange Commission covering the transition period September 1, 1998 through December 31, 1998. Parker is a Tulsa-based energy company specializing in barge and offshore drilling and workover services, land drilling, and specialized oil tool rentals. The company employs more than 4,000 persons worldwide. PARKER DRILLING COMPANY FINANCIAL HIGHLIGHTS (In thousands except per share data) THREE MONTHS THREE MONTHS ENDED ENDED NOVEMBER 30, 1998 NOVEMBER 30, 1997 Revenue $ 105,092 $ 109,880 Net Income (loss) $ (7,658) $ 10,682 Income (loss) Per Share (diluted) $ (.10) $ .14 Total Assets $ 1,178,395 $ 989,042 Stockholders' Equity $ 370,825 $ 359,865 SOURCE: Parker Drilling Company

To: SliderOnTheBlack who wrote (35137)	1/15/1999 9:36:00 AM
From: Jacques Tootight	Read Replies (1) \| Respond to of 95453

sure looks like a BLATANT attempt to shake out all the individual investors who ran these up. Gee, you don't think any of those poor, innocent individual "investors" are responsible for the position they're in, do ya? I'd personally love to see a couple of 500-600 point bloodbaths in the Naz. There's a speculative bubble that's been built in the market that could hurt us all if it isn't addressed. I'd certainly rather it be them then me. You buy tulips, you got nobody to blame but yourself when they wilt. I'll really be pissed it I get dragged down too, because of this mania. Good luck - RC

To: SliderOnTheBlack who wrote (35137)	1/15/1999 9:46:00 AM
From: Craig	Read Replies (2) \| Respond to of 95453

OT: Datek. Most people have a love/hate relationship with Datek. I really like the real time portfolio updates, realtime buying power (important to me), etc.. The also have a realtime ticker streamer (not Level 2) that is slick. But on occasion like most internet brokers they fall flat, but less than most (they keep improving). I tried Discover (really pissed me off), Suretrade, Ameritrade (yuck), and Waterhouse. Datek has kept my business. I do like Waterhouse for the IRA, more full service stuff, not internet trading. To put in context I am not a day trader, mostly short term (days to weeks). But I do use the real time quotes for entry during the day. Summary: Best for the price.

To: SliderOnTheBlack who wrote (35137)	1/15/1999 12:05:00 PM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 95453

Slider, I agree on the internet stocks. The brokerages missed the move and they may actually be jiggling margin requirements to squeeeze out smaller less capitalized investors.... But I think that brokerages are on point in this sector -this sector is a general "buy". Guys/Girls -Shortly I will be interviewing Big Dog on the OS Sector. The full interview will be posted in audio on audioinvestor.com for everyone's listening enjoyment. There is tremendous value in this sector. I think that most would agree on that. The question is when will the values be realized in stock prices. We hope to kick around this topic and others in Big Dog's interview..... Sincerely, Doug F.