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Re: eastunder post# 203

Tuesday, 09/29/2009 11:03:08 AM

Tuesday, September 29, 2009 11:03:08 AM

Post# of 4294
RIG: Gabelli Starts @ Buy; Analyst Notes

Tuesday , September 29, 2009 08:59ET

Issuer: Transocean Inc (NYSE: RIG)

Analyst Firm: Gabelli & Co, Inc

Ratings Action: INITIATE

Current Rating: Buy

Analyst Comments: Gabelli expects Transocean to be the main beneficiary of long-term secular growth in ultradeepwater offshore drilling. ( DUH! Some of us here already figured that out, aye TRUE?;)

This rating information was reported by TheFlyOnTheWall.


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