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

To: Scott Russell who wrote (18510)4/8/1998 11:04:00 PM
From: Teddy  Respond to of 95453
 
Scott, i couldn't find much on it, but nothing jumped out at me as bad.

Best wishes
(if i had the money i'd own them all)



To: Scott Russell who wrote (18510)4/9/1998 1:25:00 AM
From: Czechsinthemail  Respond to of 95453
 
Scott,

I'm not familiar with EPEX, but if it is an E&P company I would be cautious around trusting the estimated growth rate. Low oil prices may cut the growth rate considerably. Part of the attraction of drilling companies is that they can do better in a low priced oil environment because their business is predicated on the need to find new reserves to replace oil production more than the profitability of selling that production.

good luck,
Baird


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