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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: davedb who wrote (35639)1/22/1999 1:27:00 PM
From: Jamey  Read Replies (1) of 95453
 
Dave, My pick is Pride Petroleum (PDE). Offshore/Land driller with 100 Million+ in cash assets in Sept. 98 with qtrly earnings of $1.32 last qtr. Analysts rate this a neutral right now but at $7.00 ask. P/E oo 4.87 and a 52 week high of $37.00. this could easily triple your investment once the oil reserves are stabilized.

Any comments pro or con, anybody?

Santiago
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