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

To: JGreg who wrote (190)	2/10/1998 5:25:00 PM
From: RealMuLan	Respond to of 444

From Drilling thread: PTEN CFO - Spoke with James Brown from Patterson Energy today to get more of an idea of where the land drillers are in relation to my conversation last week with UTI. For the detail go to: exchange2000.com IMO, take over rumor or an earning surprise in mid-March are the only things which can lift this stock higher than $5. Good luck.

To: JGreg who wrote (190)	2/12/1998 4:43:00 PM
From: jim p. holcomb	Read Replies (1) \| Respond to of 444

Pastorman, I am on a seven day a week schedule between Houston and Dallas and do not post until I can get a few hours at home. GW is in the process of sharpening their pencils, prior to reporting fiscal yr. earnings. They refuse to hire temporary pencil sharpeners, in order to keep cost down. . There has been an update of earnings by Jefferies & CO. from 7 cents to 8 cents for 1997. This might sound like a very small situation; but let me assure you, this one cent at this time means a lot. All predictions for '98 fiscal are in the 27-28 cent range and if the price of oil stays where it is today, that will be adjusted downwards. Watch the price of Nabors (NBR) and (PTEN) on a daily basis and compare their rise or fall to GW. The land drillers will be the first to stack rigs, if oil continues at these prices. Jim.