Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gator II who wrote (18562)	4/9/1998 10:54:00 AM
From: RGinPG	Read Replies (1) of 95453

The only land driller I follow to have earnings estimates raised the last month. rgdoczzz.home.texas.net Valuations are better (projected P/E's) than PTEN, UTI, NBR & GW rgdoczzz.home.texas.net Plus their chart looks good rgdoczzz.home.texas.net Stochastics are into the oversold range and should give a buy signal with 2 days or so of flat or higher prices. Price seems to be stabilized at 10 1/4 and there is support here. This would be a slightly higher low than the previous lows, which is very bullish if it can keep from falling further. I'm in today at 10 1/4. I may be jumping the gun, but I'm willing to risk another 5% on the downside.

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