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Gold/Mining/Energy : Santa Fe International (SDC) -- Ignore unavailable to you. Want to Upgrade?


To: Christopher Reed who wrote (17)11/14/1997 3:56:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 54
 
Shouldn't affect the stock much at all. When Diamond Offshore announced one of their drillships would be out of commission for a quarter, the estimated impact on quarterly earnings was about 3 cents. In this case, the impact should be much less. I would guess they should be able to redeploy it fairly quickly--most likely at higher dayrates.

Baird