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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (297)	6/28/1998 5:28:00 PM
From: jim p. holcomb	Read Replies (1) \| Respond to of 444

To The WOLF PACK: Not to cast a spell on Sue's crystal ball; however here are the facts. Working land based rigs are down 40 from last week and 138 from this time last year. That's powerful shi@. The Texas rig count is down 18, and that is mostly gas rigs. Thank God the natural gas price is hanging in @ about 2.37. If you think $3.00 GREYWOLF is a steal, stay tuned. The good news is that the production companies must at some time decide to replace reserves, and that means more drilling. Once their reserves start to go South, then they must decide to cra@ or get off of the pot. I just hope we can hold on long enough, until this bad smell goes away. Jim.