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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: BarbaraT who wrote (560)	11/5/1998 12:09:00 AM
From: Jeffrey L. Henken	Read Replies (1) of 939

It was up 60% yesterday so a pullback even a small one had to be expected. The stock trades on very light volume so I would not recommend buying a huge number of shares. It is a very sound little company and I think 20 a share is certainly possible before year end. quote.yahoo.com Basically GTII is affiliated with the oil service industry as follows: Golden Triangle Industries, Inc. is engaged in the disposing of oil field salt water, providing fresh water and related services to drilling rigs, and the ownership of passive interests in oil and gas production. The company is also actively selling sand and gravel in the rapidly growing Houston area. Book value is close to $12 a share and earnings could show a real nice improvement this quarter. They should be reported November 15th. I think interest in the stock will increase and the liquidity should improve as the stock price rises. Subject 23544 Regards, Jeff

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