Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Nils Mork-Ulnes who wrote (4373)	1/30/1998 2:31:00 PM
From: David S.	Read Replies (1) of 95453

Nils, I am new to this thread, but not to the sector. Statistically, EGEO is being given away. Of course, if oil drops to $14-15-16 and stays there for 6 months, some seismic work will be deferred, but in a normal world, whatever that is - the value in EGEO is quite amazin. I have actually done a valuation matrix of the entire energy svc. sector of all stocks above $50 mill mkt cap, and this literally jumps off the page. Excellent management, and their 1st 2 quarters reported as a public company exceeded expectations. IPO at $17 last year, stock today 12 3/4.

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