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Microcap & Penny Stocks : GW GREY WOLF

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To: Rose who wrote (2)9/26/1997 11:40:00 PM
From: jim p. holcomb   of 444
 
HI Rose,

I'm glad your in GW. I bought some more last week @ 7 1/4. The officers of the company are still buying other drilling companies and their BANKERS apparently are confident that they can repay. If they make this years earnings projection of 7 cents per share, the stock will really take off. Next year's projections are for a 22 cent per share net profit and with the cash flow and total revenue form the Grey Wolf acquisition, they should make the projection with ease. There will be a big demand for rigs in the 4th quarter. Jim.
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