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Gold/Mining/Energy : Pride Petroleum Services (PDE)

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To: patim who wrote (378)2/27/1999 12:19:00 AM
From: Bill Zeman  Read Replies (3) of 454
 
Analysts would be taking charges into their figures, wouldn't they? Even if not they still missed by $.04 or 13%.

Are you SURE PDE can even survive this downturn? It could go on for 2 or 3 more years! Traders MUST have similiar concerns or else why would the stock be trading so near bankruptcy levels? I am not trying to be negative, I am a shareholder, but I am just trying to illicit some solid reasons for continuing to hold the stock. I need reasons that I cannot easily dispute. Where better to find them from a bunch of PDE shareholders.

Bill Zeman
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