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Strategies & Market Trends : The Round Table: A work by the squares of the SNDK thread. -- Ignore unavailable to you. Want to Upgrade?

To: phoenix who wrote (98)3/26/1999 8:31:00 PM
From: Paul Senior  Respond to of 194
 
Yes, unfortunately I have been looking at it since it was 7 down to 5 and back up to 9 -looking, looking, and looking. And at your posts on it too. I own ICO Inc (ICOC), a company that also provides maintenance services. Not as big as PDE, not as well run (I think, - just guessing). I've read that maintenance for land-based, smaller-producing properties can be stopped much more easily and readily than for off-shore properties. I believe that ICOC - unlike PDE - is exclusively land-based. I picked the wrong stock with ICOS, it certainly seems to me.

Anyway, congrats-- very nice call here by you.

Paul Senior



To: phoenix who wrote (98)3/31/1999 2:32:00 AM
From: Bill Zeman  Read Replies (1) | Respond to of 194
 
Roger

I am almost even again in PDE. I will be looking to sell it real soon as I think the current rally in oil will be short lived. The fundamentals are still real bad for global demand. A supply side cut back by OPEC is the only thing driving this market and it will soon die once it becomes apparent how much the Iranians and probably several of the others are cheating on production.

Bill Zeman


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