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

To: Thomas M. who wrote (20988)	5/1/1998 6:16:00 PM
From: P.Prazeres	Read Replies (1) \| Respond to of 95453

Tom, Unfortunately I don't have access to the Paine Webber report released earlier this week when they initialted coverage on HOFF. But they do business in the same area as GLBL and TCMS...and we know what happened to GLBL today (new high). Looking at the earnings announcement and balance sheet, it shows a book value over $16/share. They have twice as much working capitol as debt... I think it is only a matter of time before others pick up coverage on this company. I keep checking IBES each day to see if HOFF has been added. Hopefully any estimates from the PW report gets posted there soon. Thanks for asking...I'll keep my eyes open. Paulo