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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 subject2/18/2003 11:08:48 AM
From: scott_jiminez  Read Replies (1) of 214
 
Half-full/half empty....

Half empty: one of WEL's creditors suggested voluntary bankruptcy today biz.yahoo.com although nothing has been settled.

OTOH....

Half full: someone on cNBC just noted that the military was in extensive and expanding contact with firms like WEL for expected huge jobs in IRAQ.

A reasonable take on these two scenarios is that the second outweighs the first since the lender might reasonably want to wait for what might be a substantial windfall for WEL in the very near future.
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