Key Energy, Pool Energy Message Board

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Technology Stocks : Key Energy, Pool Energy

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To: Flan who wrote (25)	9/3/1997 10:12:00 PM
From: Rick Slemmer	of 36

Flan: Very interesting. OBV took an abrupt reversal and subsequent nosedive today. Volume was 11 times normal - not real encouraging considering the timing of the announcement. Nearest support of any consequence is at 24, and that's not well-tested. Had another look at CLTDF. Sorry; I can't bring myself to buy it. All my spare change is going into IK - underfollowed, dull business, and just coming off its five-year floor. I bought a bunch at 3.5 almost a year ago, and it hit a new 12-month closing high today at 6.19. I bet the farm as it passed 5.5 last week; with a P/E of 3, how much downside can there be? All the technicals look promising, and besides, there's always a buyer at the ask right after the close. I think somebody knows something. They're at ikcorp.com. Don't forget to post your new e-mail address. I feel kinda guilty cluttering up this thread since I don't have KEG anymore. RS

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