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Gold/Mining/Energy : Drill-Quip [ DRQ ] - oil drilling equipment ipo
DRQ 20.68-2.1%Oct 30 9:30 AM EDT

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To: LemonHead who wrote (110)3/24/1998 2:29:00 PM
From: Lee Fredrickson  Read Replies (1) of 121
 
L. H.-

Wish I could say "We're used to it", but you'd probably see
right through the bravado!
Am expecting enough profit-taking and 'mo' movement to pare
things back a bit now, but I have a pretty good feeling about DRQ's next earnings report which might just help us into a slow climb.
Also, and this is ---%100 speculation on my part, with no basis
in fact or rumor---DRQ seems to me like the type of equip't producer
which would make a great takeover or buy-out candidate.
Their stuff sells! Again no word from anyone anywhere to make me
think this, just their products and the sector's recent acquisition
mode.

Luck to all.

Lee
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