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 (24)	9/3/1997 9:23:00 PM
From: Flan	of 36

Wow Rick - Did you see the action in the stock today? When I woke up the stock was up a dollar at 28 3/8 and hovered there all day trading 500k by 3:00 - when I got home I pulled up a quote and the stock was down a dollar and change to $26 on a whopping 2.4 million shares. Company put out a press release right before the close indicating that there 7% convert debt ( 45 Million) would be converted to common stock - Can you say dilution !!!! Well the stock actually held up better than I thought given the fact that that will represent some serious dillution. Look for insider sales with edgar to appear in the coming months - When I first bought this stock it traded 40K a day - now its seems to be averaging 400k - serious accumulation. It will be interesting to see if people will be on the ask at the open - My guess is it will open down and then firm up. Still think this is going higher but todays news will put a dent in the pretty looking chart. Holding on to my Oct 25s

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