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

To: JungleInvestor who wrote (42137)	4/13/1999 11:26:00 AM
From: Chas	Read Replies (1) \| Respond to of 95453

Re: Texaco Petronius Module I have had two sources this week tell me that Gulf Island (GIFI)is already working on the Texaco Petronius replacement module ahead of a signed contract. One source is a fab yard (privately held) and the other is a supplier to GIFI that I also deal with. Word is they have to complete it in 15 months. Although I consider the source very reliable (especially the second one) this is still only a rumor until GIFI or Texaco confirms it. I like GIFI's prospects enough that I sold half my position in ATML with a good profit today and rolled the money to GIFI, adding to my long position. FWIW Chas