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

To: Big Dog who wrote (39063)	3/5/1999 7:36:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Okay; $64 homework test question for Rig Counts & Day Rates Big 'Un - you can't answer untill we have at least 5 incorrect answers. Papaya - I'm thinking you'll get this one... This is a ''Biggie'' - a real world inside the industry indicator; this is when dayrates in the Gulf of Mexico start to turn - when we see earnings growth coming... When this turns - we will get those year over year earnings surprises; the ''fuel to flame the fire'' ! *** Question: According to Palmer of Rowan; per a long ago appearance on CNBC; What is the ''Offshore'' Rig Count # for the Gulf of Mexico - to where dayrates start to turn upward, or downward from ? - what's the magical/pivotal GOM Rig Count # ? ...now; you all are in for some bigtime Chastising if no one gets this ! This is a specific number - only one hint, it is an even round number... Big Dog will give the winner a ''prize''- right Big <VBG>?