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: RGinPG who wrote (18530)	4/9/1998 6:12:00 AM
From: Gator II	Read Replies (2) of 95453

RG..Concur that Parker Drilling appears compelling from their current level over the next few days but other than the unanticipated impact of Hercules Offshore, I am not exactly sure why. Mind sharing your thoughts, approach, and reasoning. Yahoo has very active PKD thread but find that it is seldom mentioned here. Have traded PKD profitably several times since the driller sell-off last fall with both the common and options. PKD's May 10's look very interesting to me with little premium and with earnings to be announced early next week (with a long shot possibility for an announcement today). PKD will undoubtedly lead the driller earnings parade. With a 56% earnings surprise last quarter, the odds are that another "surprise," albeit at a lesser level, may be on the horizon. Looking forward to your thoughts RG...GATOR

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