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To: Big Dog who wrote (14629)	3/12/1998 2:32:00 PM
From: Czechsinthemail	Respond to of 95453

DO has recently had its estimates for 98 lowered because of a fire on one of its semis and additional downtime for routine maintenance and inspections. Estimates I've seen have been lowered by 10-12 cents to about $3.08-3.10 (from about $3.20). The other key issue for the company is what to do with about $900 million in free cash flow. DO hasn't been as aggressive as RIG in building/contracting new rigs, so if the industry remains strong, their future growth is likely to be slower. Not slow by any means, just slower. Baird