David King Quotes

We're just glad to have them out. They're very nice kids. Ten of our 16 kids go to Parkway, and they met them over there. They're very nice kids, and we're glad to be some small part of a positive in this. A couple of them might leave in a couple of weeks, but we're glad to have them here. - David King

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[A driller like Anadarko, Unocal has fallen out of favor recently as a result of a string of dry holes, primarily in the Gulf of Mexico. The company did announce a major gulf find in July, but the news failed to boost its stock. At $37 a share, Unocal boasts a 2.2 percent dividend yield and a P/E ratio of 11, well below its five-year average multiple of 35. Putnam New Value's David King sees little downside from here. Either the company gets its act together or it becomes a candidate for a takeover.] Shareholders benefit either way... I view it as a low-risk situation. - David King