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


To: WWS who wrote (44087)5/5/1999 9:22:00 PM
From: Ken Ludwig  Respond to of 95453
 
A little teeny laggard is GEOI. Took a massive write down (for it)under "full cost ceiling " rules. Locked in higher prices at end of March hurting upside a bit going forward IF oil keeps going but very smart if we see a retracement and will return them to profitability in any case. Book value 1.31 (per Yahoo! so. . .) Closed at 1 1/16. I bought a few from the "rising tide" school of investing.