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Gold/Mining/Energy : HYDUKE Capitol Resources HYD

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To: Jason Krueger who wrote (49)6/9/1998 11:01:00 PM
From: Keith Utz  Read Replies (4) of 135
 
Jason, according to the co. their order backlog is holding steady. A lot of their business is repair of service rigs which is not affected in the short term like drilling rigs. Also they are branching off into the forestry business with their line of forestry equiptment from Sweden which is being received well. In addition weakness in the oil patch may help the co. grow via the acquisition route. Seems to be very little downside risk but this is a crazy market and I could be wrong. Won't be the first time.

Keith
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