Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IndioBlues who wrote (49471)	8/18/1999 3:39:00 PM
From: Aggie	Read Replies (2) of 95453

IndioBlues, hello. Good old R&B: Trumpet the news when it's good, Tight Hole everybody when it ain't. Not to be too pessimistic - I own a few of these shares myself - but is anybody else interested in what happened to that 1+ billion dollars in debt that they just took on a few months ago? Did the debt evaporate when we weren't looking? Yes, it's good to have leverage in an expanding market, but my opinion is that R&B-F's leverage is a deep hole - and it will be some time before they crawl out of it. In the meantime, I'm long on the R&B I own, and medium-long on RIG and DO, who I feel will rebound more significantly because of their low debt profile. Regards and Good Luck to All, Aggie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next