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To: Thean who wrote (18978)	4/14/1998 10:25:00 AM
From: Bazmataz	Read Replies (1) \| Respond to of 95453

<<GLM's estimates were $0.37-0.38. So either number they beat estimate. And the stock is going down!>> I see GLM up 5/8 near open, now up about 1/2. Are we talking about GLM or RDC? RDC was down at open and has been mildly down so far. Why is NE down 3/4? Someone likes GLM - at least moderately. However, it always opens up 5/8 and trickles down throughout the day. I suspect we'll close down today.... Barry

To: Thean who wrote (18978)	4/14/1998 10:26:00 AM
From: Broken_Clock	Respond to of 95453

Thean...based on a price of $28/share that gives RDC a PE for 98 of 11.2! If we change RDC to Rowan.com then use Yahoo multiples I get something like $750-800/share....BUY!!!!!!*G*