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

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To: Fredman who wrote (31098)10/24/1998 2:34:00 PM
From: Gameboy  Read Replies (2) of 95453
 
Yesterday, TDW reported earning of 98 cents/share this quarter compared to $1.06/share same quarter last year and already had about $200 million dollars in its coffers; now add in another $50 million less whatever stock they've already repurchased.

At $26/share this stock may not be undervalued but with $4/share in annual earnings you've got to admit, it sure is cheap. What would TDW be able to earn if oil were $18/barrel?

Best of luck,

Steve
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