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Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC

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To: Phil Cressman who wrote (211)2/18/1998 2:32:00 PM
From: ChrisJP  Read Replies (1) of 295
 
Well Phil, it appears you may have a minority opinion. 10 cents doesn't seem to be good enough earnings for a $1.50 stock, even with revenues still increasing about 30% from $7M in 4th quarter 1996 to $10M in 4th quarter 1997.

I too think NORT is worth $2, but unfortunately, people who are selling do not share our opinion. I think that this quarter's earnings of .02 may have something to do with it. Maybe you should wait for the selling to stop before you buy.

Regards,
Chris
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