Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ItsAllCyclical who wrote (54646)	11/12/1999 4:57:00 PM
From: upanddown	Read Replies (2) of 95453

Pretty good description of the problem here... biz.yahoo.com ``I think the major issue here is that they raised the concern with people regarding asbestos liability and have not been able to produce any information or guidance as to how to quantify what that risk is,' said Kurt Hallead, an analyst with Merrill Lynch. ``In today's market if you can't help people quantify the risk, they're probably going to sell first and ask questions later. It's that simple,' Hallead said, commenting on the sharp drop in McDermott's share price. I think whoever decided to use "material adverse impact" without explanation may be cleaning out their desk right now. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next