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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Dennis who wrote (2671)11/1/1997 11:40:00 PM
From: Bill Li  Read Replies (1) of 95453
 
About CKH.
Its 3Q earning includes $.57 from the sale of four vessels. Excluding the 57 cents it earned $1.27 on a fully diluted base, three cents above the street's estimate.
Some analysts are neutral on the stock because the company doesn't have a future plan for its huge cash position---300 million. That means if the co. decides to put the money to good use (why not?), all these analysts will be very bullish on the stock.

Bill
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