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To: Flan who wrote (4180)12/2/1997 1:15:00 AM
From: Flan  Respond to of 95453
 
Lets see I can buy CSCO which will earn $2.50 a share in 1998 for $90 a share or I can buy PDS which should earn the same amount for $25 a share. PDS top line should grow 50% vs CSCO maybe 25%. Because of contracts PDS has more earnings visibility than CSCO. What am I missing hear or better yet what is the street missing here.



To: Flan who wrote (4180)12/2/1997 1:17:00 AM
From: Jeffrey Beckman  Respond to of 95453
 
All: Any thoughts on SDC as an alternative to DO, RIG, RB? It's theoretically cheap.

Thanks,

Jeff



To: Flan who wrote (4180)12/2/1997 10:25:00 AM
From: james paterson  Read Replies (1) | Respond to of 95453
 
Flan,
Did they tell you earnings would be out on the 12th? They told me the 15th, but that might have been 2 wks ago. We could certainly use a pleasant surprise. It really is depressing watching profits evaporate. It's even more depressing watching losses increase. This situation is eerily remeniscent of the gold mkt last spring when things started to go wrong. I finally figured out that the decline in prices was more than temporary & preserved some profits by bailing out with gold price around 360. Let's hope that the crude prices stabilize quickly. PDS said they were fine with crude at 17, but the mkt obviously wants more of a cushion. On a bright note ,I noticed that Yahoo has PDS rated #1 in the whole industry---3 strong buys.

James