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To: Thean who wrote (6808)1/7/1998 12:26:00 AM
From: Erwin  Respond to of 95453
 
RIG Upgraded By Zacks from 3 to 2

I just got an email in from Zacks and they upgraded RIG from a 3 to a 2 based on increased earnings projections. From what I could see the projection increase was only one cent over all of 97. There was also an update on RDC earnings.

Erwin

EXPECTED EARNINGS REPORT DATE:
RDC: ROWAN COS INC is expected to report earnings for its
fiscal quarter ending 12/97 on 01/15/98. The Zacks
consensus estimate of earnings per share for RDC's 12/97
quarter is $0.59.