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Gold/Mining/Energy : Weatherford International (WFT)
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To: wolfdog2 who wrote (46)8/16/1998 3:52:00 AM
From: Douglas V. Fant  Read Replies (1) of 142
 
wolfdog2, I should note that my firm believes that oil & gas usage will pickup 2H of 1999, back into a growth mode....I agree on friday- looked like a blowout bottom. we'll probably go back and test the $18 level a couple of times before things settle down, but heck this thing now has a price/sales ratio of below one (assuming that sales remain level)!

Sincerely,

Doug F.
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