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Gold/Mining/Energy : Wenzel Downhole Tools Ltd (WZL) - was Master Downhole -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (100)2/6/2001 5:01:17 AM
From: KC Jones  Read Replies (1) | Respond to of 104
 
Actually I've been out of WZL for a couple of months now, but from what I'd seen previously they sure looked like a company on the move. Their Q1 wasn't as good as expected, but they were buying a couple of other companies and profits weren't very good. Bottom line rules! This next quarter should be better when they start showing the profits from Texas and their expansions into Australia and Europe. So to answer your question, yes it probably is a good time to get in. If you check their 52 week chart you'll see an increase in the spring of last year.

KC