Santa Fe International (SDC) Message Board

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Gold/Mining/Energy : Santa Fe International (SDC)

SDC 0.01000

+5.3%

Jan 5 4:00 PM EST

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To: Czechsinthemail who wrote (42)	12/31/1997 3:10:00 PM
From: Czechsinthemail	Read Replies (1) of 54

SDC is up strongly today. Its relatively light trading volume tends to increase the volatility of its price moves. Recently, it has oversold on the sector selloff. Now, with a very strong balance sheet, strong fundamentals, excellent management, and forecasts for above industry average earnings growth this quarter, the stock is likely to outperform to the upside. Another factor is that SDC has smaller institutional ownership than other drillers. This may increase the impact of fund purchases early in January. Good luck to all. Baird

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