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


To: Ms. X who wrote (11192)2/9/1998 11:07:00 PM
From: John Carpenter  Read Replies (1) | Respond to of 95453
 
On a macro level, fabrication of offshore drilling and production
platforms along with piping hookup, is a great business to be in
right now. 4Q'97EPS were 67% better than expected-impressive.
If I was to be picky, EPS is projected to grow by "only" 26%
next year. But, what ameliorates this is the fact that the
issue trades at a low PE. Looks like a good candidate for
purchase in a portfolio.