Westrend Natural Gas - I.D.E. Hot Stock Message Board

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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Wink who wrote (1333)	4/28/1998 8:29:00 AM
From: Keith Utz	Read Replies (3) of 2011

There are some things that don't add up about the imput I'm receiving on WRN. According to Mike Schaefer their is a tremendious demand(waiting period) for Taylor rigs. So why does Oscar Tayler have to go all the way to Alaska to "hopefully" finalize the sale of a drilling rig? Also why do they have to put out bids on potential sales if the market is tight for Taylor rigs? After going back and rereading Schaefer's write up it seems that he may have seen a brighter picture than is justified currently. One reasion I bought this stock is the projected earnings of .37 by the co. and .47 by Schaefer for the Taylor division alone! Of course we will have a better handle on earnings by end of May(Yearend report) and end of June(first quarter report). I' certainly not selling any stock but not buying any more either until the picture is clearer..course then the stock price may be much higher. Keith

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