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Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC -- Ignore unavailable to you. Want to Upgrade?


To: Paul W who wrote (139)12/4/1997 3:31:00 PM
From: Stretch  Respond to of 295
 
I am still here also. I guess I should have listened to the others when they said it was at a top. I bought in at much lower prices though. I am always afraid of trying to time the market and as someone said get my shorts eaten. I like this company it has come a long way and has a small amount of shares outstanding and is profitable. This thing will go back up, count on it. Of course this is only my opinion. Happy Investing.

Phil



To: Paul W who wrote (139)12/4/1997 6:00:00 PM
From: terracin  Read Replies (1) | Respond to of 295
 
i called today at noon (edt) and spoke to david ridley, the cfo. although he answered my questions, he was not very enlighting about any future plans. there is speculation about a take over, but this seems to be the norm. its a family run business and the change over in the ceo position from one norton to another norton seems to be just some kind of "formality". they don't expect any changes from the 3rd quarter results, except some minor tax consequences. they also have the parts for a 16th rig in the yard, but "nobody seems to be doing anything with them". maybe you'll be able to find out something else.
later....