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To: SliderOnTheBlack who wrote (45009)	5/19/1999 12:12:00 PM
From: Wowzer	Respond to of 95453

TCMS, someone forgot to tell them the OSX is rallying... Looks good at this level Rory

To: SliderOnTheBlack who wrote (45009)	5/19/1999 12:44:00 PM
From: SliderOnTheBlack	Respond to of 95453

Proof of potential bottom support here - some nice big block buys ! * RDC to the tune of a cool $ 8.2 Mill Wednesday May 19, 10:08 am Eastern Time BLOCK TRADE - Rowan Co Inc 539,700 at 15-1/4, up 5/16, crossed by Lehman Brothers ___________________________________________ PZE to the tune of a mere $ 1.3 Mill Wednesday May 19, 10:37 am Eastern Time BLOCK TRADE - Pennzenergy Co 100,000 at 13-7/8, up 1/4, crossed by Salomon Smith Barney _____________________________________________ **APA to the tune of $ 3.8 Mill Wednesday May 19, 10:14 am Eastern Time BLOCK TRADE - Apache Corp 111,000 at 35, up 1/4, crossed by Salomon Smith Barney _____________________________________________ ...rarely; have we seen this type of big block buying - ( albeit; just 3 today) when the Street doesn't sense a reversal, or absolute value.... to buy RDC right here - given their present fundamentals and the next 6 months expectations for actual rig utilization, dayrates and earnings - and putting $7.5 Mill on it - SPEAKS VOLUMES !!!!!!!!!!!!!!!!!!!!!! ....Fadel Gheit has been ahead of the crowd here folks; if he says he sees a 1 million boe SHORTAGE - and he says BUY THE DIPS and he sees $20-22 Oil nearterm; .....get the checkbook out & keep the ''mouse'' warm ! ...back to the peel & eat shrimp & Strawberry Margaurittas - what a country... {VBG} ... C'Mon HLX - around the first turn - $6 is done - can we see $7 tomorrow ? C'Mon lucky $7. + 40% in 3 days will keep the doctor away... I'm smelling Victory here BULL - the ''nose'' - knows....