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

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To: The Perfect Hedge who wrote (2369)10/21/1997 2:28:00 PM
From: Bob A Louie  Read Replies (4) of 95453
 
I'm not sure what's happening with MAVK. I still think it's fallout from LSS drop. I called IR at LSS and tried to get clarification of CEO's remarks. The CFO is supposed to call me back. If you look at his statement he talked about a "brief plateau in demand for oilfield products is possible". Apparently LSS makes more than just drill pipe. I'm trying to find out specifically what "oilfield products" he's talking about. Also the key words are "brief" and "possible" niether one which convinces me that a problem actually exists.

BTW last night First Call reported 1 analyst revised EVI 1998 earnings up to $3.29/sh up from 3.10 and 1999 earnings up to 4.43 from 4.21

Bill
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