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

To: tyc who wrote (5605)12/18/1997 1:28:00 PM
From: Czechsinthemail  Read Replies (2) | Respond to of 95453
 
RIG is a great company and probably a great buying opportunity. The biggest problem is that they trade with a higher PE, and they have had somewhat better relative performance recently than other drillers. I think people are looking elsewhere for the bargains. Though I expect their earnings growth to be somewhat stronger than most drillers, you carry the burden of risk that they won't. I think this may dampen this stock somewhat.
Baird


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