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

To: Elmer who wrote (41707)	4/7/1999 1:12:00 AM
From: Douglas V. Fant	Respond to of 95453

Elmer, PIRA is New York based. Let me get a telephone number and I'll send it to you by private message tomorrow hopefully. Don't forget to remind me. The report adds a couple of things which help in assessing the OS sector too. It said NA/North Sea Budgets won't be reinstated until 1999, so OS workloads won't really pick up until 1999 , although due to good economic software programs some projects will be reinsted sooner than that. Also this "non-work" in 1999 will steepen decline curves in NA and North Sea- again this helps natural gas prices IMO....