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Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC -- Ignore unavailable to you. Want to Upgrade?

To: Paul W who wrote (237)	3/28/1998 9:41:00 AM
From: Arizona997	Read Replies (1) \| Respond to of 295

NORT is grossly undervalued at current prices. Look at the numbers. VectorVest has NORT with an earnings growth rate of 34% and an EPS of $.25. If you use the stock market rule of thumb that in a bull market fair stock price = earnings growth rate x EPS, then it works out to $8.50 as a fair valuation for NORT. NORT is presently going at bargain basement prices. As oil prices start to climb again this puppy is going to take off. Gary G.