@Offshore.com Announces Investment Opinion.ROUND ROCK, Texas--(BUSINESS WIRE)--Sept. 8, 1999-- "OIL SERVICE STOCKS OUT OF BREATH? Not a chance!" states Mike Simmons, an 18-year veteran of the Offshore Drilling Industry. In the September 5, 1999 issue of The Offshore Drilling Bits, Simmons wrote, "Tuesday will be the first post-summer trading day. Trading desks will be fully staffed with fresh and rested buyers looking for value and opportunity. I think Friday gave us a preview of how the market will go for the next few weeks - up. Watch for the oil service sector to be 'discovered' - yet again. The summer was pretty decent to oil stocks. Sector stocks were taken out of the closet, dusted off and sized up for Boom 2000. Now they are ready for action." Together with partners, Simmons has closed in excess of two billion dollars of offshore drilling-related sales, charters and associated business and today he works primarily as a sale and purchase broker assisting buyers in identifying and concluding purchases of rigs, as well as privately locating buyers of rigs for owners. Offshore Drilling expertise and industry foresight is critical to both industry executives and individual investors that desire an understanding of what is happening today that will affect tomorrow. States Simmons, "Fundamentals are starting to catch up to the hype. Higher oil prices are slowly, but surely, translating into business - as higher oil prices ALWAYS will." In addition to timely Offshore Drilling news and executive interviews, the Offshore Drilling Bits provides weekly stock research. A sampling of their research includes: Diamond Offshore (NYSE NYSE See: New York Stock Exchange :DO), R & B Falcon Corp. (NYSE:FLC FLC Federal Laboratory Consortium FLC Fort Lewis College (Durango, Colorado, USA) FLC Family Life Center FLC Foreign Language Center FLC Fuzzy Logic Controller FLC Ferroelectric Liquid Crystal ), Sante Fe International (NYSE:SDC SDC Silver Dollar City SDC Security Door Controls SDC Student Development Center SDC San Diego Chargers SDC Science Data Center SDC System Development Charges SDC Studebaker Drivers Club SDC San Diego, California (border patrol sector) ), Pride International (NYSE:PDE PDE Pennsylvania Department of Education PDE Plug-In Development Environment PDE Partial Differential Equation PDE Phosphodiesterases PDE Personal Digital Entertainment PDE Pulse Detonation Engine PDE Product Data Exchange PDE Present-Day English ), Schlumberger Ltd. (NYSE:SLB SLB Solomon Islands (ISO Country code) SLB Schlumberger Ltd. (oil field services firm) SLB Server Load Balancing SLB Sport Lisboa e Benfica (soccer) ), Nabors Industries (NYSE:NBR NBR Number NBR Nightly Business Report (PBS show) NBR National Business Review (New Zealand weekly business newspaper) NBR National Bureau of Asian Research NBR National Board of Review ), Noble Drilling (NYSE:NE), Varco International (NYSE:VRC (Vertical Redundancy Check) An error checking method that generates and tests a parity bit for each byte of data that is moved or transmitted. VRC - Vertical Redundancy Check ). And what does "Big Dog" (as friends know Simmons) foresee as fundamental signals that tip off what's to come over the next few months? Visit his web site at http://www.atoffshore.com/ and check out at a FREE TWO-WEEK TRIAL to receive the September 5, 1999 issue in its entirety. NOTE TO EDITORS: There is an "at" symbol in the company name @Offshore.com. This symbol may not appear properly in some systems. |
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