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Microcap & Penny Stocks : DRL (D I Industries)

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To: Don Bulloch who wrote (48)6/11/1997 1:36:00 PM
From: John A. Paul   of 74
 
Lehman Brothers said it initiated coverage of DI INDUSTRIES INC.
(up 1/2 to 3-7/8 at 11:59 am EDT) with a buy rating. Said DI
Industries is an "under-followed" small capitalization land driller that deserves a closer look. Said DI Industries is expected to move from negative cash flow in 1996 to an estimated $96 million in
EBITDA for 1998. (Reuters 10:56 AM ET 06/11/97)
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