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Gold/Mining/Energy : Tesco Corp (TSE:TEO)

TEO 12.03

+7.3%

3:59 PM EST

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To: John Stopforth who wrote (1)	8/5/1996 2:52:00 PM
From: Richard Lam	of 11

Dear John: Thank you for replying. The significant share appreciation this year is what made me wary at first but the co. looks rock solid. My only concerns are that Varco comes in and tries to compete or the market for topdrives heads south but this seems unlikely as more and more top drives are being used overseas. Any other comments? Thanks again.

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