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

To: marc chatman who wrote (16686)	3/26/1998 12:34:00 PM
From: Czechsinthemail	Respond to of 95453

I was reminded that Wall Street Week's topic this week will be oil. We may see some additional buying going into Friday's close in anticipation of it. Baird

To: marc chatman who wrote (16686)	3/26/1998 12:36:00 PM
From: Big Dog	Read Replies (3) \| Respond to of 95453

Re MIND. I added more today. The auditors took longer than expected. I see no negative implication there. Not as many customers excersised purchase options as expected. This is a POSITIVE as the margins are much higher on leases than on sales. So this means the customers will continue leasing and paying higher margins. It just doesn't give MIND income for the 4th quarter but maybe boosts income for 1st qtr and beyond. Bad debt allowance...not good. Is this the only company in the oil business who can't seem to get their customers to pay invoices? I haven't heard of any others. This seems to be a recurring problem at MIND. Buy while the blood is in the streets.