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: SliderOnTheBlack who wrote (50514)	9/7/1999 1:00:00 PM
From: double-plus-good	Read Replies (2) of 95453

slider pedal to the metal on mexp; just hope you have already bought your shares before the daytraders play your card...VBG. Slightly less robust table pounding from me on BELW. Touched 3 3/4 again today; looks like a near term double bottom may be in. picked up some more just above that level. Mitcham Industries reported incredibly sorry looking results on Friday. Revenue simply collapsed. As the mangement states however they have been in cash conserving mode. At present the shares are trading for only twice the level of cash per share and 2/3 of book. If this is an industry wide turnaround MIND could turn out to be one very nice sleeper hit. Very slim float and remaining very undervalued. So add that one to the value plays remaining. Irecall the Big Dog was once a fan. Any comments oh large canine? ++good

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