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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Fishfinder who wrote (9649)3/20/2002 11:45:49 AM
From: TheBusDriver  Read Replies (2) | Respond to of 36161
 
Scott, do you know their cash position today? They don't seem to have a website. CSW says they had $3.8M in Oct. last year but am pretty sure they would have used some for drilling.....use the figures as they are, with 14.7M share out, cash/share is .26. This is not fully diluted either.

Stock is .30 today but is soft and chart looks like it is going to nose over to maybe .26 or .24.....think this might be cheaper in the coming weeks....JMO.

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Wayne