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Rowan Companies plc Message Board

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  • MRBONE2000 MRBONE2000 May 25, 1999 8:07 PM Flag

    BP Am--& contract

    I know what you mean. Been there and done that on
    other securities.

    If it makes you feel any
    better, it was by reading some of your posts thatI became
    aware of RDC and did my DD. I like to check out
    distressed industries and that is what attracted me in the
    1st place to the OS stocks.

    I agree with you
    that RDC needs to be propelled by news now. Someone a
    few posts earlier said not to fall in love with a
    stock, but with Palmer running the show and agreeing to
    run for the board another 3 years, I have a gut
    feeling that this baby has staying power and is posed for
    further gains over the next year.

    With the
    technology sector getting hit hard, don't be surprised if we
    have some institutional buying coming into what may
    still be perceived as a contrarian play by some.
    JMHO.

    Take care.

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