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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (77662)	11/1/2000 2:44:54 PM
From: Sharp_End_Of_Drill	Read Replies (4) \| Respond to of 95453

Isopatch, what are your thoughts on HGT and STXD? HGT had a nice dividend of 20 cents yesterday but the price declined to 12-3/4, but today - the day after ex-dividend - the price goes up 1/2 to 13-1/4. I was tempted to buy more yesterday, but in the face of the declining gas prices, and possible further declines next year I decided to wait. Oh well.... STXD still has not reported for this quarter, but they stand to see their results year over year improve substantially. Their PE will go from negative to approx. 20 based on my estimates. Their valuation is still the lowest among the land drillers I follow, and they stand to get some improved coverage with a positive PE. The only problem with such thin trading is that they may need to get bought out to recognize their value, and the buyout premiums haven't been that great lately in the patch. Sharp