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Parker Drilling Co. Message Board

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  • manboking manboking Apr 28, 1999 9:49 AM Flag

    PKD - review

    Down earnings by PKD are a non-event, this stock
    is begining to reflect the improving fundamentals
    (oil prices), so past earnings like past winds do not
    twirl wind mills.
    Keep your eyes on "the ball" oil
    prices, and forget about all the other fluff.
    This
    fine company is one of the greatest turn around
    situations in the make, sells close to book value, their
    rigs are first class iron, and the leverage (debt)
    will start working its magic as soon as the level of
    activity (rig count) begins to rise, and oil companies
    reverse their E. and P. budgets.

 
PKD
5.54+0.05(+0.91%)Sep 18 4:01 PMEDT

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