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Gold/Mining/Energy : Derlan (T.DRL)

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To: edward harris who wrote (75)5/9/1998 4:53:00 PM
From: Greg Spendjian  Read Replies (1) of 319
 
Plenty of patience. Zack's only has one analyst covering, so it is not too hard to get a 1 rating. Still, I think the future for DRL is good. A lot will depend on this and next quarter's figures.

I got their Annual Report a few days ago and was quite impressed with how they had presented it. But coming back to earnings, ... For DRL to post $0.02 for all of last year was better than its previous losses, but not enough to set the price on fire.

Zack's projections of $0.40 for this year and $0.60 for next would be more like it.

Keep your fingers crossed.
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