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To: Brent Hogenson who wrote (56966)12/15/1999 2:20:00 PM
From: diana g  Read Replies (2) | Respond to of 95453
 
"RIG will be the 800 pound gorilla in deep water ..."

I'm inclined to agree, Brent. I like RIG. But, as BGambler nicely synopsized in his post #56972, there are good reasons to think lots of those new shrs will be sold. Not because there's anything wrong with RIG, but simply as a result of the nature of the entities involved. And the # of new shrs means it will likely result in a substancial price dip for RIG.

It's hard to say how long the dip might last, or how low it might go. It depends on the sector and market situation at the time.
----I think the thing to do is watch and see.
----I would Guess a quick sell-off over 1-3 days, down 20-30%, followed by a period of underperformance (as those who want to sell but waited-out the Dip come forward to sell.)
Just a guess--- WDIK???

Holding some other sector stock(s) in the meantime as I previously suggested protects against the possibility that RIG runs to 35 before year end and then dips to 29.

imho, Here is a situation we can plan for in advance wherein a top quality company will be 'On Sale'. I can see No reason to hold RIG now, with this coming, unless it was tax related. Even if one thought there was only a 10% chance that there would be a dip, why take that chance? If there is some error or oversight in my thinking, I would appreciate someone pointing it out.

regards,
diana