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To: Big Dog who wrote (3457)11/21/1997 9:21:00 AM
From: Tom L. French  Read Replies (1) | Respond to of 95453
 
Mike

Re your post to John about DO and RIG. (I bought some DO yesterday.) Here are some numbers to compare:

RIG: Rev $766m, Float 92m, Revenue/Float ratio 8.33.
DO: Rev $877m, Float 58m, Revenue/Float ratio 15.

Generally speaking, the experts say, if the ratio is too low the stock will move slugglishly; so, the higher the ratio the better. Lower float (outstanding shares less what is not available to buy=stock available to be purchased) is better too--less stock available, so less buying will move it.

Based on smaller float, and higher ratio, DO is the one.

TomLF