Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: marc chatman who wrote (51716)	9/24/1999 1:17:00 AM
From: Richard Nehrboss	Read Replies (1) of 95453

>>Interesting to note that estimates were cut on all the companies mentioned except FLC, This bugs me. Note the following. "-- Raised R&B Falcon Corp. (NYSE:FLC - news) estimates for the third and fourth quarters modestly, to a loss of 13 cents and 12 cents a share from a loss of 17 cents and 16 cents, respectively." Raised "modestly"? I think a raise of 24% and 18% shouldn't be considered modest. Especially since none of the others were considered modest even with smaller down/up grades. I content of the news (excepting the method of conveying it). I agree with your hope that FLC's not set up for a fall. Richard

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