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

To: JHalperin who wrote (42475)	4/17/1999 10:11:00 AM
From: stevedhu	Respond to of 95453

Joel, I picked up a few shares a couple of weeks back at 1 1/8 after talking to their investor relations man (he called me from home, he was sick) and he said they had held their own but, had cut back by not renewing contracts with their contract labor. I also learned that they have diversified more into the petrochemical, like 70%. Tuboscope is according to IR (I threw away his name along with my notes) quite a bit larger but they get their fair share, which will improve as does the the increased word load. My feeling was my downside was small and upside much better with little invested, you might want to read what's being said on the YAHOO Msg. board about it, a few folks over their follow it. Take Care Steve