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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: stsimon who wrote (86838)2/10/2001 3:18:51 PM
From: stsimon  Read Replies (1) | Respond to of 95453
 
There is speculation on the PDS board at Yahoo that NBR is considering acquiring them. This seems unlikely to me from an antitrust perspective, along with the generally low quality of info over there. While a NBR acquisition would create a powerful combination in the land drilling world, I suspect it is more likely that ML putting a $75 dollar target price on PDS is a more reasonable explanation for the big move this week.