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Gold/Mining/Energy : FLC Falcon Drilling
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To: diana g who wrote (37)2/27/1998 12:35:00 PM
From: mph   of 461
 
I got a response to my email from IR. Earnings may be announced on March 6 or early the following week. As to my question re company specific problems, the answer was "We may be under a little more pressure relative to our peers due to the concern over 4th Q 1997 earnings which are going to look pretty bad due to merger expenses."
Obviously earnings is the problem for the extreme weakness in FLC. There will be probably be more, IMHO. mph
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