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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 (35827)	1/26/1999 10:47:00 AM
From: Platter	Respond to of 95453

Oil now at $12.33 down 11 cents

To: Jon Cave who wrote (35827)	1/26/1999 11:11:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

FEN - common now cheaper than an option - I'm in !!! From the $30's to Mid $20's to $8 just weeks ago to .75 cents today ! Literal dumping at ANY price - I'm buying here, at 1/2 and 1/4....with limits. "IF" they survive; this is a 10 bagger - give me a couple thousand shares for this price.... I see $1 3/4 on ''any'' positive announcement for a ''double''.... this one ''aint'' got a fork in it yet<VBG> ! ...PURE SPECULATION / WARNING WILL ROBINSON..... but; I can buy the common for less than the cheapest option mere days ago ? - ROLL THE DICE ! These guys have excellent GOM properties and a substantial Australian play + Alaska... They will spin off assets (losing money) and grow debt, take on expensive capital injections - dilute etc; but for pennies on the dollars - count me in. I'll ride this one through Bankruptcy reorg for .25-.50 cents... PS; just caught RIG on a dip $25 + and sitting on $24 3/4 for a ton...<VBG>> RIG calls look reallllll gooooood for options players here; DO has ''leaps'' I believe - interesting on a dips as well. Love RIG on capitulation here !!!!