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Gold/Mining/Energy : Wenzel Downhole Tools Ltd (WZL) - was Master Downhole
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To: Robert Raymond who wrote (67)9/16/1999 1:01:00 AM
From: dwarrior  Read Replies (1) of 104
 
Wenzel has just begun to hit its stride as a revenue generating machine.In the good old days of oilfield investing stocks that traded at less than 6 times cash flow were considered bargains. Wenzel is only trading at 8 times eps. In my opinion it goes higher riding its own cash generating abilities and the general momentum of the sector.
As noted earlier they do build quality tools and that is one great place to start in an analysis.
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