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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject9/5/2001 11:30:42 AM
From: Softechie  Read Replies (1) of 37746
 
Transocean Sedco (RIG) 28.59 -0.65 (-2.2%): Rumor in the market this morning that RIG would use its presentation at the Lehman Brothers CEO Energy Conference to guide down numbers for the qtr. Hearing from sources at Lehman that RIG did not lower numbers. Lehman says there are concerns about weakening day rates but Lehman has already factored lower numbers into their model, but did not rule out lowering numbers further if day rates continue to deteriorate.
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