Drill-Quip [ DRQ ] - oil drilling equipment ipo Message Board

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Gold/Mining/Energy : Drill-Quip [ DRQ ] - oil drilling equipment ipo

DRQ 22.78

+0.8%

Jan 2 3:59 PM EST

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To: Charlie Schultz who wrote (52)	10/31/1997 8:14:00 AM
From: Lee Fredrickson	Read Replies (2) of 121

Charlie: As a novice at this pursuit, the only place I feel I can place trust is with fundamentals, and I'm just beginning (~2-3 yrs.) to get a feel for what that word means and how to investigate it. Among those things that are not going to go away in my lifetime is the growing demand for energy, and the expansion of that portion of the world which is making those demands. Deep water exploration seems to be the most likely candidate (presently) for companies seeking to fill that growing demand. It's why I'm in FLC, a deep water driller, and what drove me up the wall waiting for DRQ to stick its head out in public. I'm not familiar with TCMS, and so can't comment. I'm engaged by the State of Washington as a wage-slave, (read machinist) so take any commentaries of mine about investing with a suitable dollop of the appropriate seasoning. Gotta go make chips. (Metal and plastic, not poker!) See you over the wk. end. Lee

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