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

To: Jamey who wrote (27398)	8/9/1998 1:52:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 95453

PDE..can you believe that scene...book value is $14.13, according to Yahoo company profile. Further, there is a director who's been averaging down...so far since March he's bought 4 blocks of 10,000 shares each, purchased on the open market. His latest purchase was on July-24th: biz.yahoo.com I had several thou $ in PDE at $28, and bailed at $24...that was either late last year or early this year...I never would have dreamed this stock could go that low...their latest earnings showed an increase of 88%, based on increased rig utilization and higher day-rates from the year ago period...and yet the stock is totally in the garbage, selling for a couple dollars below book value. well...nobody said the stock market was either fair or made any sense. -g- might be time to look into another IRA contribution.