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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: MoneyPenny who wrote (20797)4/29/1998 4:29:00 PM
From: Thean  Read Replies (1) of 95453
 
Sharon, GW has hibenated for so long it does not take long for a recommendation or upgrade to stir up some dust. $5 is where it needs to be sold short term if it gets there. Earning out next week. Unless it can present compelling reasons why it can justify a higher than peer forward PE, GW is ranged bound a la PKD while it works its fat PE away.

For land drillers, UTI and PTEN continue to be the leaders and they offer the maximum yo-yo and mo-mo.
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