Derlan (T.DRL) Message Board

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Gold/Mining/Energy : Derlan (T.DRL)

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To: Robert Miluga who wrote (9)	6/8/1997 9:50:00 PM
From: Greg Spendjian	of 319

Well, here's one more person on this thread. Hope you don't mind my joining this select group. I've been interested in DRL for a while now having bought in about four years ago only to see the stock price dive and rest at the bottom of the pool since then. I'm somewhat encouraged now by the recent action in the stock price. I was also quite pleased when a letter I sent to Dermot Coughlan a few months back enquiring about what was going on with the company elicited an immediate personal (i.e. it dealt with the specific questions I posed) and very informative response. He also suggested I hang in there. What I have taken heart from recently is the current backlog in orders. We now need to see this translate into a few quarters of actual - meaning operating - earnings. AND a few more high profile orders would also be helpful. Then something might happen with the stock price. Whether we will see $14 by 2000 as was suggested by one of you, remains to be seen. Here's hoping though.

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