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Microcap & Penny Stocks : DRL (D I Industries)

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To: John A. Paul who wrote (51)6/11/1997 1:45:00 PM
From: battle beast   of 74
 
Here is the text from the neswire:
NEW YORK, June 11 (Reuter) - Lehman Brothers said it initiated coverage of DI Industries Inc
(DRL) 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.
said DI Industries has put together an excellant management team and board of directors.
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