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Rowan Companies plc Message Board

  • rodiceo rodiceo Aug 10, 1998 4:13 PM Flag

    Basis for Future Optimism

    The current downturn in RDC's stock price should
    be viewed as a unique opportunity to make a serious
    profit. Since RDC is primarily owned by institutional
    investors, they will use their client's money to ride a
    future up swing in the stock price. It was their selling
    that drove the price down in the first

    In order to really get a feel for RDC's future, just
    ask a competitor what they think. As the main
    manufacturer and user of deep water jack-up drilling
    platforms, RDC could in the future be prosecuted for being a
    monoply just likd Boeing/United Airlines was 50 years
    ago. At that time RDC stock could well be at $100 per
    share or more.

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