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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (5257)12/15/1997 5:35:00 PM
From: Redman  Respond to of 95453
 
Glen,

It sounds to me like EVI is the acquirer, more than this being a merger. This could very much be why the stock dropped unusually more. Typically, the acquiring companys stock will drop.

Hopefully, tomorrow you will see a rise, as this is really the only way these oil service companies can grow, as they are pretty much at maximum capacity output now.

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