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


To: Mayank Tandon who wrote (143)12/5/1997 12:23:00 AM
From: Mayank Tandon  Read Replies (2) | Respond to of 295
 
I believe that NORT has been bashed unfairly and a rebound in its stock price is imminent. I too bought into the company at $ 4+ and have seen my position cut in half since then. Sucks! However, I have spent ample time reviewing the company's SEC filings and financials and am convinced that this company is on the right track (a dedicated focus on its drilling operations after having gotten rid of its other ventures) and has a bright future.

NORT seems to have gotten its act together over the past year or so and the 3Q performance was simply outstanding - superb margins and excellent utilization rates. I am counting on a strong 4Q.

Regards,

Mayank