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

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To: SliderOnTheBlack who wrote (50808)9/10/1999 7:26:00 PM
From: BigBull  Read Replies (1) of 95453
 
Slider, Just took a look at IIR's financials - incredible value there, man. I forgot about IIR because I thought I remembered reading that they got taken out. I guess not, didn't see anything on Yahoo news for as far back as they go. The stock is still trading.

Just look at the businesses they are in! Trading at book. Huge current ratio. Virtually NO lt debt. Oh hell, lets just say debt free. Boom 2000 earnings will go STRAIGHT to the bottom line. I smell market anomaly here.

The price action is utterly moribund. The co. puts out almost NO press releases. Is the problem here that nobody knows they exist or is there something else out there - not showing up on the balance sheet?

I put that last question to both you and the rest of the board.

TIA - Lets make money! <g>

Bull
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