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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 (41476)4/1/1999 2:07:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 95453
 
Now that we have had a decent correction, I suspect the 1Q earnings reports will not have much impact unless they are grossly out of line. These stocks did not rally on hopes of improved 1Q (or even 2Q) earnings or day rates. Oil and gas price trends and expectations of same will be the key factors influencing the OSX in the weeks ahead IMHO



To: Jon Cave who wrote (41476)4/1/1999 2:07:00 PM
From: Mike from La.  Respond to of 95453
 
Natural gas prices may provide an unexpected kicker to drilling. Up to around $2.10 which, all things considered, is an excellent price, especially since it has been showing good upwards movement for some time now.


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