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

To: Broken_Clock who wrote (20295)	4/24/1998 4:17:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 95453

Pap re: MIND lawsuit. Ya think that was it? the reason forthe selling? After all, it didn't tank right at the open. And you had to know there was a lawsuit coming. Every time a company warns there's a lawsuit it seems. I jumped on the weakness and got a bushel full of July 15 calls for 5/8. Been averaging down ever since the warning came out. Now own more than I'd like to, but couldn't resist 5/8. Now cost basis just under 15/16. Dave

To: Broken_Clock who wrote (20295)	4/24/1998 4:19:00 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

I tried to buy even more MIND today, but my limit price didn't get hit. I think this is the buy of the year. The problems will get sorted out. I don't know much about these kinds of lawsuits, but it seems pretty weak from what I read. They are complaining that the company said growth would come from leasing and not sales...so the company misses ONE sale and earnings suffer a bit...big deal. Like I said before, leasing is a higher margin business so if the sales prospect continued to lease the equipment, MIND will make even more money than if they would have sold the gear to them. The bad debt provision increase is just a slow pay out of Singapore...not a no pay. Buy it an hold it for a few months and you will be happy. How about that FGII...you just gotta love a strong company that makes a truck load of money!!! big

To: Broken_Clock who wrote (20295)	4/24/1998 4:27:00 PM
From: Czechsinthemail	Read Replies (3) \| Respond to of 95453

Well, it wasn't "Home on the Range" day today, because there were more than a few discouraging words heard. But then, considering we are in the untouchable sector with sentiment pretty negative even among those long in the running here at Drillers' Pamplona, perhaps we're just back into one of our depressed phases after the manic wears off. I haven't had a chance to listen to NE's conference call yet, but I gather Day is scarier than Stephen King, and I suppose I'll have to catch the chance to frighten myself to death. I suspect we'll be getting positive news on the summer driving spree before we hear from OPEC -- though some action at their June meeting is a possibility. If more money comes out of the Internet stocks through sector rotation rather than a general market collapse, some of the money may find its way into drilling and service stocks. Baird