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


To: Richard Saunders who wrote (88670)3/14/2001 9:51:39 PM
From: Roebear  Read Replies (2) | Respond to of 95453
 
Richard,
Appreciate your posting the details on the TEO (TESCO Toronto symbol) volume today. Fund positioning eh? Like the asset base liquidated at a very attractive price (for who?) it remains to be seen what their positioning is for? With a four year volume high and near 2% of market cap traded for this sleepy stock I believe it deserves some attention, thanks again for giving it some.

I suspect the .02 lowering my be due to some periods of adverse weather in Canadian drilling areas and also the Nov-Dec drop in the dollar likely caused some currency impact 4Q.

1Q I expect to be better for, at least, the same two reasons.

Time will tell on this favorite of mine, but I am not trading in my PomPom's for bear claws any time soon.

VBG

Roebear