Offshore Drilling Message Board

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Gold/Mining/Energy : Offshore Drilling

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To: JGreg who wrote (3)	9/9/1996 11:56:00 PM
From: mike gates	of 15

Hi Greg. I'm not quite as energetic tonight, so I'll keep this brief. I can't think of anything to add to the last two notes, other than to cheer at the 7/16 gain in MDCO today. Lets see the same tommorow. I agree that a earnings suprise for this qtr. will help. Last qtr saw a 10% suprise. 10/14/96 is the date to watch. Right now I've got 2 stocks I'm considering getting into, although I feel a little late on both: SJK and RSYS. RSYS has some price recovery to undergo I think, and SJK is a really great stock all the way around (company has a 55% avg profit margin, lots of cash, no debt and at least 20% earnings growth forecast for the next year [a vast underestimation IMO]). PE is at 30 after a killer leap last week. Check it out.

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