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

To: Douglas V. Fant who wrote (42029)	4/11/1999 11:13:00 AM
From: BigBull	Read Replies (2) \| Respond to of 95453

Douglas, I've secured my G2 player and have listened to the Spears article - very interesting. I may buy some Tesco, but this is another "by appointment only" stock and I may have to buy it 100 or 200 shares at a time for a long term hold. Looks to me like they are bettin the company on underbalanced drilling. Maybe this technique will become all the rage, like horizontal drilling was a while back. D'ya think? Long before the Simmons article was posted here, you fingered the true culprit in Persian Gulf "over production". IRAQ. That is why the V in Douglas V. Fant stands for VERY SMART OIL GUY, imo. The Simmons article did suggest, however, that Iraq pumping till they drop severely damaged their fields. Any buzz in the industry about just how bad the damage is? TIA