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: Thean who wrote (8548)	1/16/1998 5:39:00 PM
From: Flan	Read Replies (1) of 95453

Precision Drilling Corporation Plans to Repurchase Common Shares!!! Holly cow mgmt realizes at a 6 p/e that it might make sense to buy some shares back. Congrats to everyone whose stocks rallied this week - unfortunately my 4 illiquid stocks those being PDS, CLTDF, TESOF, DPSI were down for the week. Can't get a break on the way down or the way up. For the last two years I have been long alot of small to med capitalization stocks and well the returns have stunk. I guess it will be index funds for me if any of my stocks can rally back from 50% fall.

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