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


To: Lazlo Pierce who wrote (15683)3/20/1998 1:30:00 PM
From: Broken_Clock  Respond to of 95453
 
David...
RDC looks like one of Slo-Mo's value plays. I really like the stock because:
1. Big Dog gave management the highest rating possible...5 howls.
2. They are building new gorillas w/o contracts. With all the new drilling needed in the gulf....they should come on line next year when the boom is really cranking. The sentiment will change on RDC at some point and that will be a stock to own. They also have other contraction/fab stuff and as I recall, they started a training program last year so they can develop their own employee base. You may recall that drillers are worried about labor shortage more than oil prices.

PK