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

To: SliderOnTheBlack who wrote (43768)	5/3/1999 1:51:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Slider, What does anyone think of UPR or OEI? Sincerely, Doug F.

To: SliderOnTheBlack who wrote (43768)	5/3/1999 2:08:00 PM
From: Brent Hogenson	Read Replies (1) \| Respond to of 95453

Slider I hope you don't believe in your Saudi futures theory. That would be like Bill Gates trying to unload all his Microsoft shares in one day. (Plus they would break the promises they made to the other OPEC members) The Mid-East opening its borders would not be the boon to the oil companies that you think. If Saudi could produce oil for $4 and sell it to the market for $20, there is $16 dollars of profit there. Do you think the Saudis are going to split the profits 50/50 with the oil companies that help them develop their fields. No Way! There is no doubt that they will make a profit but with less risk comes less reward. Successful drilling in their own ventures will bring the greatest profits. FWIW - I own 5,000 more shares of FLC @ 10.375.