Can someone get a copy of the contract now (or
perhaps once the lawsuit is filed) and post it somehow?
Or somehow make it generally available? I'd read it
and decide for myself by how much we're gonna kick BP
Amoco's butt. Go Charlie!
the whole Magna Carta bit cracked me up. strong
stand against BPAmoco. "A DEAL IS A DEAL".
only do i have a good investment in RDC, i get good
laugh as well. they say not to fall in love with a
stock, but it is hard when it looks so good and has such
a good sense of humor.
today. Although short-term outlook is not great,
you have to love our Chairman of the Board. He is
taking on mighty Amoco and has every intention of
teaching those big boys a lesson they won't forget-
something about honoring contracts- imagine that in the
With a fellow like Mr Palmer heading this company, we
can all sleep well at night holding RDC.
positive note in the interim report is that 10 of 14 rigs
in the GOM are operating (an increase of 6 in the
last few weeks).
RDC is a solid investment for
those with a time horizon longer than a day, week, or
month. This is not the place for Internut
Good luck to all fellow RDC longs
I asked around and found out that Alan Gaines is
a principle and Energy Sector analyst with Gaines
Berland. Telephone: (516) 470-1000. You can find out where
the column appeared and probably a copy from their
office. Good luck to you. Geo
I saw the Alan Gaines column posted on an AOL
Bulletin Board yesterday. I do not know where it
originally appeared. If I find out I will let you know.
There is a lot comments that make me like my RDC
investment. Such as, " Lower deliverability has, in essence,
been masked by very mild winter weather since 1996.
Deep drilling in shallow water must be increased in
order to stem the tide of questionable delieverability.
Directional drilling, better fracing methods and completion
technologies will help produce more gas from a singlular
wellbore, shortening the productive life of fields.". For
what it is worth, a lot of the article made sense to
Update after market close...
Friday, 4:05 PM
Our new pick is Computer Research, Inc. (CRIX) -
Currently trading at $2.06
Some times it is much
wiser to look behind the scenes when investing in hot
sectors. The brokerage and finance industry is growing by
leaps and bounds, helping the stocks of companies which
represent these industries climb to new heights. Computer
Research provides computerized accounting and
record-keeping support services to more than 50
broker/dealers, banks and other financial institutions. The
company is directly affected by the volume of trading
bond trades). In their last reported
quarter, revenues were up nearly 30% and earnings were
.03. The company said that the revenue increases were
mostly due to increased trading volumes.
Research has a dynamite balance sheet with nearly $2.5
million in cash and short term investments and almost no
debt. Last year was a time of re-configuration. They
upgraded all their software systems to the year 2000
compliant IBM AS/400 platform. They also managed to replace
the revenue from a lost customer by adding 4 new
customers. Now the company plans to focus on growth. And
that is exactly what we like....
You can visit
their web site (which is currently being modified) at
Computer Research is one of the most
solid little companies we have ever come across. A
truly undiscovered prospect in a very hot
Check out their SEC filings at
Shares outstanding - approximately 4,000,000
TechNewsletter would hope for $5 to