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

To: Broken_Clock who wrote (5181)	12/15/1997 1:27:00 PM
From: Czechsinthemail	Respond to of 95453

dlucas, Hard to make the case that RDC is the most conservative company among the drillers. They've taken some flak for the decision to build rigs without contracts. While I expect that decision will likely pay off for them if dayrates are even higher when their rigs are completed than now (as I expect they will), the uncertainty around it has made RDC appear riskier. When sentiment begins to swing back toward hyperoptimism around the drillers, RDC may outperform based on a positive expectation for their rig-building. Baird

To: Broken_Clock who wrote (5181)	12/15/1997 1:28:00 PM
From: Lois R	Read Replies (1) \| Respond to of 95453

The news release was posted today (12/15) on the idustry business news, energy - energy source. I have looked into the Reuters new on Yahoo, and this release is not on it. (which I find strange) B-thanks for your response - have SDC too. Just can not get a grasp on whats going on...this seems to me senseless, even for the market! A little Lynch type comment-Did you guys know that according to the CNG energy index, (also in little blurb in last week's Barrons, the US as a whole has been about 18% colder for both the months of Oct. and Nov. Wonder how that will effects the "reserves" L