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Gold/Mining/Energy : Coflexip ADR CXIPY Flexible Drilling Pipe
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To: s. sorrell who wrote (55)1/9/1998 2:53:00 AM
From: Czechsinthemail  Read Replies (1) of 110
 
CXIPY seems to have been particularly weak recently--maybe making up for lost time while the rest of the sector has been weak. Does anyone know what the forecasts for the company are going forward? The high current PE seems to make the company particularly vulnerable to the possibility of lower expectations and slowing growth. Seems like a great company but perhaps still vulnerable to some multiple contraction.
Baird
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