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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 (244)	4/15/1998 8:20:00 PM
From: Shoot1st	Respond to of 295

Sorry Paul, I never project any numbers based upon "typical". They always disappoint people after the fact. All you can do is search for pertinent information that will give you the right prospective as to UP or DOWN. Yours Hype-free, Shoot1st

To: Paul W who wrote (244)	4/15/1998 8:30:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 295

You may want to exercise some caution here. PESC (Pool Energy) was up 3 full points on no news. The boost in oil prices today helped NORT a lot. KEG (Key Energy) a highly regarded driller is trading with a P/E of 14:1 according to Yahoo. The news release said the operate 16 rigs, but I would check with the company to find out how many are leased and what day rates they are charging. Someone on the Yahoo thread called the CFO a few weeks ago and said only 9 of the rigs were leased. They may have leased more since then but I would check. The "strictly drillers" thread sometimes quotes day rates although they are mostly into off-shore drillers. I was under the impression that they were coming down. Regards, Chris