Key Energy, Pool Energy Message Board

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Technology Stocks : Key Energy, Pool Energy

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To: Rick Slemmer who wrote (16)	8/13/1997 9:50:00 PM
From: WOLF EMERTUS BLITZOID	of 36

Rick, Flan: you still out there..? A lot of interesting things happening with regards to KEG: * Recent extremely heavy volume on both the up and downsides, up to 24 7/8 and back down to the 22 area. * Culmination of "first stage" of strategic acquisitions by the company, reportedly with much better than expected results. * Better than expected earnings from two other companies in the same field, Pool Energy and Dawson Production. * Allowance by the UN for Iraqi crude to enter the market in exchange for medical and food products. * Anticipated earnings report this Friday (from what I hear above) * Mention of KEG in the most recent Cabot Mahket lettah. From the company's standpoint (earnings, acquistions, strategy), I feel pretty confident in the price movement of this stock. What's bugging me is the overall stock and bond market situation the Iraqi oil supply, which may drive oil prices down. Flan, you still believe oil will get up to $25 anytime soon? Rick, What do your technical indicators say about the recent price/volume action? Especially the recent heavy volume days? Thanks in advance and good luck to us. Wolf.

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