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

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To: Czechsinthemail who wrote (13665)3/5/1998 7:35:00 AM
From: Thean  Read Replies (3) of 95453
 
FLC finally reported this morning. No fundamental bad news! Excluding merger and other one-time writeoffs, their earning was $0.41, match consensus but beat the three most current estimates of $0.39. Overall upbeat comment on dayrate and business going forward. However, the merger cost and business disposal cost could be steeper than initially thought. But that is now behind them.

biz.yahoo.com
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