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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?

To: JGreg who wrote (145)	1/13/1998 11:33:00 PM
From: timmask	Respond to of 444

Grey Wolf was up nicely today. I thought it would bounce off a big drop Friday, but did not buy in, too tenative. This is a heavily traded issue. The thing that scares me the most is the fact that GW did its running in the moring, and could not continue strong the rest of the day. The thing I like abouth GW is that today showed an uptrend with volume. This coupled with the fact that oil has probably bottomed out for the year should factor into a slow but constant uptrend for Grey Wolf. TIm

To: JGreg who wrote (145)	1/14/1998 3:04:00 PM
From: jim p. holcomb	Respond to of 444

Greg, The officer that left is the only top official that was not ex-DO. I really feel that the remaining staff might dig into the DO group for a replacement. I feel the move by the CFO was for monatery gain. He was hired just before the ex-Do people came on board. The stock dipped momentarily and then continued it's slow climb. Only time will tell what is next. I have mixed emotions about the latest acquisition. Mr. Energy seems to feel it's a good fit at this time. Jim.