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: Broken_Clock who wrote (20295)	4/24/1998 4:19:00 PM
From: Big Dog	Read Replies (2) of 95453

I tried to buy even more MIND today, but my limit price didn't get hit. I think this is the buy of the year. The problems will get sorted out. I don't know much about these kinds of lawsuits, but it seems pretty weak from what I read. They are complaining that the company said growth would come from leasing and not sales...so the company misses ONE sale and earnings suffer a bit...big deal. Like I said before, leasing is a higher margin business so if the sales prospect continued to lease the equipment, MIND will make even more money than if they would have sold the gear to them. The bad debt provision increase is just a slow pay out of Singapore...not a no pay. Buy it an hold it for a few months and you will be happy. How about that FGII...you just gotta love a strong company that makes a truck load of money!!! big

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