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

To: Czechsinthemail who wrote (5536)	12/17/1997 3:23:00 PM
From: Flan	Read Replies (1) \| Respond to of 95453

Thanks - I agree that there is more risk but I have not heard alot of new build order for the land drillers either. KEG is at 20 and is down 50% from its high a month ago although I felt it was over valued at $38 I feel it is pretty cheap at 20 - I have also not seen any of the insiders selling and actually saw one purchase at 26 the other day - the full accretive power of the string of aquisitions they have made has not been felt yet and they just made another one the other day and the Chairman said that it is a sign that they believe the strong business fundamentals will continue into the near future - The company announced a stock buyback and instantly went out and bought stock which you do not always see. I guess I am just a little eager to maybe get flamed agin - I rode the stock from 12 to 34 and then sold and bought some options with part of my profits but they expired worthless - What to do?????