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Gold/Mining/Energy : Major drilling TSE-MDI -- Ignore unavailable to you. Want to Upgrade?

To: Michael Bidder who wrote (28)	12/2/1997 9:48:00 AM
From: John Veltheer	Read Replies (1) \| Respond to of 71

Michael, MDI is up again today to $24. I think the selling was really panic in nature. Even if MDI's earnings are lower than expectations they still have huge growth. I doubt things will get so bad as to see "declining" earnings. I also don't believe that MDI is so dependent on junior mining but maybe I am wrong. My impression was that they have losts of majors for bread-and-butter clients. But just to be sure the stock I picked up at 20.05 went out the door this morning. I am keeping the rest for a while yet. JEV