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To: SliderOnTheBlack who wrote (38444)	2/27/1999 2:41:00 PM
From: Fredman	Respond to of 95453

S, your last scenario is COOL. I own some DO RIG NE ESV MRL and GLM. And that is all i own, at this time (of the Oils). I'd like it a bunch if your scenario plays out. And right now, OPEC is pretty much impotent - we have seen 'meetings' take place several times since October - NOTHING has happened. (yet ?)

To: SliderOnTheBlack who wrote (38444)	2/27/1999 2:44:00 PM
From: thomas hayden	Read Replies (1) \| Respond to of 95453

Slider, I see where VTS ventured to your first Buy target of 9 7/8's, were you able to buy some?

To: SliderOnTheBlack who wrote (38444)	2/27/1999 3:56:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

<<there is still financing out there - and no one - I repeat; ''NO ONE'' is any better at this segment of the game than FLC - period.>> That is Webster's (FLC CEO's) background (I know that you know this, but others may not). Also, I see that Webster has recently tossed about $2mm of his own coin at FLC shares, buying down from 11 1/8 to 9 5/16 between last August and November. As for RIG getting blown off, it has the feel of a major fund liquidating its holding -- perhaps the same fund which was liquidating other holdings a few weeks ago (was it Merrill?) is now getting around to dumping its RIG (and perhaps RON). Of course, that's just my speculation.