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

To: stevedhu who wrote (6394)	1/1/1998 10:44:00 AM
From: Lee Fredrickson	Respond to of 95453

Steve; re: DRQ. Have you looked for, or better yet, found any specific reason for DRQ's recent bounce? I have, and haven't. As a supplier whose gear is used on a per-well basis, as opposed to per-rig, it seems to me to be a good play in this sector. Perhaps it's pent- up pressure, after launching it's IPO at about the worst possible time. (Just prior to the recent free fall in OS.) My own preference, as a buy and hold guy, would be for a little flatter climb of the price chart, (more sustainable) but Hey, after the last two + months, a $3 pop on a ~$30 stock does have a spirit-lifting quality to it! Don't drink anymore, but I'd still buy a round for the New Year, if we were all in clump in some Texas Coast saloon somewhere. Hoping for WSU in Roses, although I'm a UW Huskies fan. HNY, All. Lee