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Gold/Mining/Energy : Boots and Coots International Well Control Inc. (WEL)

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To: scott_jiminez who started this subject2/2/2003 4:03:16 PM
From: scott_jiminez  Read Replies (1) of 214
 
WEL continues to attract interest....

This was published earlier today (use obvious and extreme caution when evaluating advice from web sites like this):

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As the United States moves closer to declaring war on Iraq, a nagging and growing fear dominates the American consciousness? what will Sadam Hussein do in retaliation? It is highly likely, given the history of his actions in the previous Gulf War, that Sadam will set ablaze his oil fields and those of neighboring Kuwait, and possibly unleashing chemical or bio-terror weapons to contaminate the sites, and thereby making remediation/ cleanup an incredibly difficult task. Given this possible scenario, Stockprowler.com views the shares of Boots & Coots International Well Control (AMEX: WEL), closing Friday at 53 cents, as a spectacular buying opportunity. Boots & Coots, Inc. is well known for its expertise and significant role in extinguishing the Kuwaiti oil well fires set by the Iraqis during the Gulf War. The company was the subject of a PBS - Nova documentary, 'Hellfighters of Kuwait', released in 1991. Texas based Boots & Coots has a strong strategic alliance with Haliburton (NYSE: HAL). Halibiburton routinely assists the company in getting needed equipment and supplies mobilized within 24 hours of an emergency anywhere in the world. Should Sadam execute the aforementioned scenario, shares of WEL could move quickly into the $5 to $10 range on speculative fever. bncg.com
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stockprowler.com
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