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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?

To: JGreg who wrote (87)	12/4/1997 2:10:00 PM
From: jim p. holcomb	Read Replies (1) \| Respond to of 444

Hi Greg, The U.S.rig count last week was up 58 rigs. Of that amount, 22 were in Texas and 12 in Louisiana where GW is very strong. They probably got their share of those 58 new starts. GW has rebounded again today and will keep going up as earnings report day approaches. They should have 97 fiscal earnings of about .07 cents per share vs. 1996 of -.12 cents per share. The big gain will be next year with all the increased revenues from the acquisitions. If they issue anymore new stock "I'm gonna BREAKA THEIR LEGS" Jim.