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Microcap & Penny Stocks : GW GREY WOLF
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To: Thien Nguyen who wrote (37)10/22/1997 12:15:00 AM
From: jim p. holcomb  Read Replies (2) of 444
 
Hi Thien,

If GW makes the 2 cents in the third qtr. , they should hit 4-5 cents in the fourth, with a total for the year of 6-9 cents.Next year is expected to be 22 cents @ this time. That should really move the stock. Two key factors that will help the stock is they don't have to pay any off of the principal on the long term debt until '99, and they said they have a good supply of drill pipe which is in extremely short supply at this time. JIM.
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