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: JessiDani who wrote (2673)	11/2/1997 2:31:00 AM
From: Chuzzlewit	Read Replies (1) of 95453

Jessi, I follow VRC, and I've been in it for about 7 months. During that time the stock has risen 160% with no end in sight. Outside of the quarterly reports there is very little news. The backlog is huge and growing. I believe that this company will outpace the drillers. According to yesterdays NY Times article it looks like this sector will continue to thrive for some time to come because of the long delays in building rigs. Also, rig construction has been low for a number of years and the existing rigs need to be replaced. Regards, Paul

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