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Gold/Mining/Energy : maverick (MAVK)

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To: Andreas Samson who wrote (171)4/3/1998 4:52:00 PM
From: Warren Buffet Jr.  Read Replies (2) of 432
 
Mavk is discounted 67% to the total market relative
earnings projections 3-5 years of 30% which has been
downgraded from 47%. Stocks oversold for several reasons

#1. Most investers don't understand MAVK's business plan.

#2. Oil prices started going down ,investers had the idea
MAVK was "only" an oil driller equipment stock from all there
press relating to rapid growth in drill piping .Technical
chart has been a mess for a while now.

Folks,Look at the fundamentals of the company.that is what
investing is all about.Look at the value relative to the
over priced market.

Buy this baby , throw it in the closet and relax .

6 month target $30
12 month target $40
18 month target $60
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