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


To: jbe who wrote (18494)4/8/1998 5:53:00 PM
From: Gator II  Read Replies (1) | Respond to of 95453
 
Analyst, Jim Awad, just said Drillers are near term "Dead
Money!"

Awad was being interviewed by Ted David on CNBC
(Buy, Sell, Hold Segment).

Awad further suggested that driller's recently attempted
rally on news of OPEC's cut backs but that seems to have
petered out.



To: jbe who wrote (18494)4/8/1998 7:10:00 PM
From: pz  Read Replies (2) | Respond to of 95453
 
Jbe,

BTJ is one of my favorite little stocks due to it's niche as being the leader in making airguns for the offshore seismic industry and because it is extremely undervalued. It has a PE of 11 and just posted a 114% increase in earnings over the same quarter last year.

The problem with this stock is that no analysts follow it and that it is thinly traded. My hope is that the street will finally recognize it's value.

Like you say the figures on the company are impressive. If you are interested I would recommend that you call the company and visit with Alan Levy V-P of Finance at 203-853-0700. I call them on a regular basis and have been very impressed with their operations.

My target is 10 which is the previous high, which is conservative. I'll have to rethink at that point.

Regards,

Paul