Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: swamp fox who wrote (1855)	10/8/1997 9:16:00 PM
From: FG Wissemann	of 95453

I bought VRC at $5 in 1989. It is now at $52. I have not sold, and don't intend to. The outlook for the company is very good. As I recall, revenues grew about 80% in latest quarter vs 1996. I don't see the growth trend slowing down near term. I also have a large stake in the Merril Lynch Growth fund (MAQRX), which has GLM as a major holding. They are one of the better performing growth funds, with a 3 year annualized return of 30%. They are 40% invested in the energy sector. Regards, Fred

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