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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock
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To: Chuck Rubin who wrote (1146)1/23/1998 4:19:00 PM
From: Leigh McBain  Read Replies (1) of 2011
 
Chuck et al. regardless of where the O&G market goes I do not see a significant decline in the need for rigs from the type of customers that Taylor seems to be geared towards. I am not saying that there will be no impact on WRN, sentiment can be a funny thing, however sales should continue to move, therefor profitability should still be achievable, etc.

If you are targeting $5.00 in a bull O&G market then maybe you pull back expectations to $4.50 or something of that magnitude, primarily due to sentiment. I have used these numbers strictly to help illustrate, please don't try and read any projections into them.

Salut,
Leigh McBain
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