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

To: JGreg who wrote (5767)	12/19/1997 7:43:00 PM
From: Flan	Respond to of 95453

I second that - Everyone have a great christmas - maybe santa will bring us some stable prices!!! Something I found on another thread thought it was pretty interesting. Subj: Conference call By: IBC123 Date: Dec 17 1997 11:12 A.M PST Reply To: Msg. 1 by YahooFinance I listened to the recording of the conference call PDS had yesterday. The CEO stated that demand for their rigs is very strong and they can raise day rates at least another 20% which would just equal what is charged by US land drillers. They are looking to make more aquisitions ONLY if it adds to the bottom line. Their rigs are booked through 1998 and part way through 1999 so any drop in gas or oil prices wouldnt appreciably effect their bottom line The CFO is "very comfortable" with earnings estimates for 1998 in the $2.50/share range. Overall very positive. Isn't that great "earnings visibility"