SI
SI
discoversearch

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: Carolann who wrote (16627)3/26/1998 8:47:00 AM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
CNBC Squawkbox guest host is recommending RDC. He projects its value in mid-40's. Thinks day-rates are going up and likes their construction business. He also likes the balance sheet -- little or no debt.

One odd note: he said day-rates are at 70% of what they need to be to stimulate new construction of rigs. I guess he "forgot" that RDC is building those gorillas on spec.