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Parker Drilling Co. Message Board

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  • NeighborFriendly NeighborFriendly Jun 19, 1999 3:01 AM Flag

    Take a hike -jvbum

    T34B, that is smart. Maybe they could talk things
    over and find some common ground. It would be a
    beginning to a win-win type of situation. For the
    shareholders of each company. The synergy, is it there or no?
    Because if it is then lets all let it play out. I realize
    that the officers of the Parker corporation, as is in
    text book case, are probably concerned about where
    they might stand in any event of change. That's
    normal. But to prevent change for change sake is down
    right pig-headed. They cannot stand in the way of a
    corporate evolution. I think Wall Street senses that lack
    of managerial smarts and willingness and reflects it
    in share price. PKD should be priced much higher
    than this if it were even a semblance of a healthier
    company. NBR certainly does. The only time this past year
    when the street liked what it saw was when the SESI
    deal fell away. The direction the street wanted to see
    was for Parker to divest of greater debt and most
    likely in this way to become attractive to a larger
    suitor or stand alone, freer.

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