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


To: Bazmataz who wrote (4486)12/5/1997 3:44:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
Barry,
One problem RDC faces compared with some of the other drillers is a less favorable sequential quarterly comparison. The consensus estimate for RDC's next quarter is down 3% seqentially. Compare that with the sequential change for some of the other drillers: NE +52%, RIG +36%, SDC +17%, FLC +17%. These companies should show more favorable comparisons when earnings are announced in January, so their stock will suddenly appear more undervalued.
Baird