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: pz who wrote (5555)	12/17/1997 8:03:00 PM
From: Flan	Read Replies (1) of 95453

Thanks Paul, I just got off the phone with an officer at KEG - He said that nothing had changed and that activity was strong. He was actually more excited about the prospects for this coming year than he was this same time last year. Said that some of the analysts had lowered PESC energy estimate for the coming quater and so people were naturally selling KEG too - Siad the company is buying stock as can be seen by their recent purchase announcement. Question is when to take the plunge - Stock or Options - I would like options because of the leverage but I do not know when this Flu season in the drillers will end. Any thoughts on that - Options are pretty pricey.

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