PRECISION DRILLING CORPORATION Message Board

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Gold/Mining/Energy : PRECISION DRILLING CORPORATION

PD 11.87

-3.2%

3:59 PM EST

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To: Edward W. Richmond who wrote (133)	9/18/1998 2:06:00 AM
From: EL KABONG!!!	Read Replies (1) of 163

Ed, You know, given the extremely low P/Es of the gas producers (as well as the oil field guys), it might not be too much of a gamble to buy a few extra shares in this industry to hold for the coming winter. How much lower can the stock prices go? It would seem reasonable to me to argue that we are currently about as low as you can get, so the upside seems relatively attractive when contrasted with the possibility of further lows in the industry. And even if a short term gain doesn't materialize, you've still got some very cheap stock in an industry that will recover some day... Right??? KJC

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