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To: Instock who wrote (3622)11/12/1997 8:54:00 AM
From: David Alan Cook  Respond to of 4701
 
A Technical look at GEOI from Chris at the Stock Attack Thread:

exchange2000.com

GEOI has shown a steady increase in oil production over the last several years. Oil production was up in the just released 3rd qtr. The company reported record revenues and earnings. ( .08 for the last qtr ). Not bad for a $2.75 company. GEOI sells at a discount to the Industry Avg Price Ratios even thought it has less debt and a higher Return on Assets and Profit Margin.

Company intends to have one more horizontal well ( H4 ) .66 Net before the year ends. Has already contracted for a rig. Two companies ahead of GEOI.

DC