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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Redman who wrote (5760)12/19/1997 6:52:00 PM
From: larry  Read Replies (1) of 95453
 
green,

You are definitely not the only one who is scratching his head!
Actually I am reading Jeffrey's report on MAVK. They have estimated EPS for the next three years at 1.80+, 2.66, and 4.00+ (by Sept. 1999) and I have just talke with the company and they are very very comfortable about the EP estimates. Also the company is saying the their business is going strong and are expecting to expand their business steadily in the future.
Well, to summarize it in one setence. An healthy company is being traded at a forward PE growth ratio at well below 0.25! Are you kidding me?:)
I think that we need a bit more patience with the market right now.

larry

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