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

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To: monu who wrote (51867)9/25/1999 11:59:00 AM
From: marc chatman  Read Replies (1) of 95453
 
I don't think that's price-moving news for FLC -- but I don't know whether the market will feel the same. If the ship was going in for repairs, it was not about to start a job. As far as damages, the insurance companies can fight each other over that -- it shouldn't cost FLC anything.

I do expect further weakness for FLC, though.
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