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

To: thomas hayden who wrote (37919)	2/21/1999 3:56:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Thomas: Sure $6 is a possibility, but - These guys would go under for SURE! herald.com They are on the brink already. Who would pick up the tab for all their bad debt? Who will pick up the tab for Iran's bad debt (a lot of which is in the process of renegotiation right now)? Nigeria? Mexico? Indonesia? (again) Russia? (again) Norway? Great Britain? Many international oil Companies? More than a few Gulf states? You are looking at a tremendous amount of bad paper there. Probably more bad paper than there is money to fix.