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


To: Jon Cave who wrote (35767)1/25/1999 10:38:00 AM
From: Snowshoe  Read Replies (1) | Respond to of 95453
 
Hoping Against Hope with Halliburton
By Mavis Scanlon
Staff Reporter
1/25/99 9:00 AM ET
thestreet.com



To: Jon Cave who wrote (35767)1/25/1999 10:42:00 AM
From: Platter  Respond to of 95453
 
Oil at $12.57 down 12 cents...Those trades crossed in EVER at 10.13 ...seems like institutional selling.



To: Jon Cave who wrote (35767)1/25/1999 12:49:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
marc; got milk ? got EVER ? <VBG>...

I got mine... hope you got yours...<VBG>.

PS; Douglas F; I agree - I'm hearing from everyone ''in'' the business, that no one is correctly factoring what this ''shut down'' of production/E&P is going to do to supply. Nat Gas is ''the'' play here - there is not the drilling and production, nor does it appear there will be the Cap Ex budgets necessary going forward into 1H '99 to fill the supply #'s everyone is using... will be very interesting. Have to love the NAmer Gas market - Not having the 3 stooges (OPEC) to throw a wrench into the logical/mathematical extrapolations <VBG> !

BR & NBLoffer the big cap followers a opportunity here, but not the upside leverage of small caps EVER PETD or EGAS.

GO GAS ! ....

PS; EVER is moderately up today... the major item is that it reached a point where buyers were willing to take everything sellers were offering... don't expect too many sellers left. I would expect someone not wanting an "Oilpatch'' holding on the books at months end, getting out of a position... EVER is a tremendous play here; ''THE" low cost producer & just bought adjoining property - give me more at sub $ 14 1/2 ! I'll buy it all day long right here...