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Gold/Mining/Energy : DWSN -- Dawson Scientific
DWSN 2.040-1.2%3:55 PM EST

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To: crysball who wrote (5)9/6/1997 5:56:00 PM
From: J.L.   of 36
 
I work as a contractor in the seismic industry and as such have had my fill of investing in them. Dawson has gone on a good ride and as I said could pull back a bit, based on my view of the chart. I know that Decker Dawson holds a good percentage of the stock of DWSN however I can't tell you how much. TDGO has $ in the bank from their IPO and should develop into a good company. I am not sure of USAC, they have had a hard time over the last few years. Veritas (VTS) seems to be branching out big time with a large Data library and Marine data crews, and their stock has appreciated (about 30%) since the announcement last month. I believe that there will continue to be a shakeout in the seismic industry with the healthy co's doing great and the unhealthy ones being acquired or going out of business. DWSN is healthy, and I did hear a rumor several months ago that IO was looking at them but nothing has happened. I should have bought on that rumor Huh.

I like the E & P companies now and will selectivly pick up on them this winter. Not sure specifically who as my work has not allowed me much time to research. Iinvest in gold stocks as of late (not great timeing, but should improve)

Regards, Jeff Lund
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