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Gold/Mining/Energy : maverick (MAVK)

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To: spacecowboy who wrote (127)3/21/1998 3:26:00 PM
From: 007  Read Replies (4) of 432
 
<The fundamentals are incredible, and its hard to understand why MAVK is trading down today with most of the oil service stocks up.>

IMHO, Mavk is undervalued and soon to become more undervalued.
From what I gather steel prices are firming up and that is a big negative for mavk. IMO, next time the oil services sector drops, mavk will reach new lows. Compare mavk's action with NSS and you'll see the benefits that rising steel prices have on nss's share price because they produce their own steel.

The outlook for this company is still great and I believe that purchases now will do very well in the long-term. However, if mavk doesn't break 16 soon, I'll be looking for 12 in the near term if oil prices resume their slide.

Any comments?
James

PS I have no position in mavk, but I plan on going long at some point.
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