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: Think4Yourself who wrote (52435)	10/5/1999 12:44:00 PM
From: hdrjr	Read Replies (1) of 95453

To of the top market movers today are as we know HAL and MU. Hal announces that they are only going to make 11 to 13 cents while MU announces that they are only going to lose 10 or 11 cents. Mu trades at 5+ times book and sales, has $6/sh in cash, seen revenue go down 3 of the last four years, and reported a loss 6 of 8 last quarters. Its up $2plus to 78.5 Hal trades at 4x book, 1x sales, increased revenue 2 of last 3 years, made money 14 of the last 15 quarters, needs cash therefore they sold a loser that substanially improves their balance sheet. Its down $5plus to $34. If I had the cash I certainly would be buying HAL knowing that the oil cycle is on the way up and the chip cycle is at or its peak. Hey Buddy can you spare a dime for a share of HAL. hdr

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