Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Teddy who wrote (7973)	1/14/1998 9:55:00 AM
From: Big Dog	Read Replies (1) \| Respond to of 95453

Bob Palmer, head of Rowan, has always been quite a character. This is from the earnings release today (emphasis is his, not mine): "The outlook for 1998 includes increasing day rates as well as improving financial results for the Company's manufacturing and aviation divisions. The refinancing of the Company's debt has reduced the Company's average cost of capital below 7% and should yield a $10 million reduction in 1998 interest cost. We believe the Company's 1998 results could attain record levels and improve by more than 50% over results for 1997. OUR TIME IS NOW!" Yes indeed Bob, and it's OUR time too. You can bet if he is the one to be on CNBC tmw, that he will say something of great interest. He always does.