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 (10)	10/8/1997 1:21:00 PM
From: Flan	of 36

Hey Rick - It has been a while - I sold my 9 oct 25 calls in Keg the otherday. Wow what a stock. I think it is kind of a joke though that the chairman said that the conversion of 45 million in debt to 5+ million shares of stock will not have any dilution on earnings. I cranked the interest they were paying on the debt and threw that number back into the forecasted numbers and then recalculated the dilution factor and my numbers say their will be dilution. Hey did you ever buy CLTDF - it just hit a 52 week high of 21 1/2 - When we first looked at it about a month ago it was at 15. Also check out TESOF - numbers coming out next week - should be good - company competes with Varco and trades at half the multiple. Good luck to you.

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