Strictly: Drilling and oil-field services Message Board

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

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To: A. Fineigler who wrote (10162)	1/29/1998 11:19:00 PM
From: Broken_Clock	Read Replies (1) of 95453

AF, <<Lewis Kreps, analyst at Dain Rauscher noted that the sector was trading on just 11-12 times prospective 1998 earnings and that no industry outside the drilling sector offered the prospect of 75 percent earnings growth this year. ''The one thing that would help the drillers would be share buybacks, which would settle investors, among the group I follow, only Transocean Offshore Inc(RIG - news) and Noble have programs in place. I expect to see a lot more,'' Kreps said.>> from post 10154 Dave

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