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

To: chien wong who wrote (18172)	4/6/1998 11:35:00 AM
From: marc chatman	Respond to of 95453

OFF TOPIC Speaking for myself, I tend to skip posts typed all in caps if for no other reason than that they are difficult to read without feeling my head start to throb. Good luck.

To: chien wong who wrote (18172)	4/6/1998 11:35:00 AM
From: JZGalt	Respond to of 95453

OT - I AM HERE TO DISCUSS . So discuss the company. What does it do, what is the financial position, where is it located, etc..

To: chien wong who wrote (18172)	4/6/1998 11:38:00 AM
From: Robert Floyd	Read Replies (2) \| Respond to of 95453

How about not typing in all higher case letters? IT COMES ACROSS LIKE SHOUTING...somewhat rude whether your trying to get noticed or not. We are intelligent people and are not inspired to read you further just because you SHOUT!

To: chien wong who wrote (18172)	4/6/1998 12:22:00 PM
From: jbe	Read Replies (1) \| Respond to of 95453

On IIR - A debt/equity ratio of 3.98? No way, Jose (chien wong, that is). I couldn't resist taking a peek at the chart (uggh!) and the numbers. Granted, IIR went public at the worst possible time, and just about every oil patch company has taken a spill (no pun intended) since then. But why go with a track-recordless company (you don't really get a proven track record until AFTER you go public), which has some real funny stuff going on on its balance sheet, along with a p/e of 32, when there are so many solid companies out there selling for a song? By the way, don't judge IIR by the "profile" listed on the Yahoo Finance site. For example, even though it states clearly in the intro that net income was down by 61% last year, that revenues were up only due to acquisitions that in turn had to be financed by heavy borrowing, the profile still gives it a debt/equity ratio of 0.00 (??what about the borrowing for acquisitions??), and cash per share of over $5. Well, if you look at the MarketGuide snapshot, you get a truer picture: cash per share only .19, and debt/equity of 3.98. And so forth. The projections for next fiscal year are much better, but projections are nothing more than informed (one hopes) guesses. I'd sit this one out, if I were you. And if you choose not to, better do your own research first. jbe

To: chien wong who wrote (18172)	4/6/1998 12:41:00 PM
From: Teddy	Read Replies (2) \| Respond to of 95453

RE: IIR. Chien, i took a little look on the Dow Jones Breifing Book and found an alarming lack on information on the company: NO FINANCIAL HISTORY NO SEC FILINGS Where do you find information on the company?