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Gold/Mining/Energy : Wenzel Downhole Tools Ltd (WZL) - was Master Downhole
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To: Robert Raymond who wrote (54)5/11/1999 12:46:00 PM
From: Murray Nightingale   of 104
 
I had a talk with Barber the other day. business is booming. I believe we may see 2.50 by month end as a number of analysts are checking out the company this month. Right now its 1.59 which is a p/e of 7.95 this year's earninngs(end may31) and only 6.3 p/e 2000 earnings. Stock is still undervalued by at least half.
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