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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Bucky Katt who wrote (1553)3/29/1999 9:52:00 PM
From: Richard Nisbet  Read Replies (1) of 4766
 
Speaking of oil....

heard a rumor Will...

from the Grey Wolf board on yahoo....

stock closed at 1.50 today....excellent considering two weeks ago wa .75 or so..

rumor is GW is a take over target....because of the oil crash...and only 40% of all rigs in the U.S. working GW is getting hit hard by rising debt....

the good thing is they have a lot of rigs....:) and own most of the land-based rigs...makes them....look very tasty to a company who can cover the debt and at the same time pick up some big-time equipment...

will continue to monitor...ust some ramblings..
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