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Gold/Mining/Energy : Wenzel Downhole Tools Ltd (WZL) - was Master Downhole
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To: Robert Raymond who wrote (46)4/19/1999 9:19:00 AM
From: Murray Nightingale  Read Replies (2) of 104
 
I also own Wenzel and my estimate is the stock will hit 2.00 by the end of June and 4.00 by the end of the year, provided oil price rises stick. This company is quite undervalued and followed. I do expect that it may be subject to a takeover by Smith within a year. Barber indicated to me that he is prepared to sell at the right price.
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