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: RGinPG who wrote (13673)	3/5/1998 8:39:00 AM
From: Teddy	Read Replies (1) of 95453

Uh, i think it is good: those are one time charges and stuff. "...operating income exclusive of merger expenses for the year ended December 31, 1997 of $359.7 million on revenues of $942.1 million, compared to operating income for the year ended December 31, 1996 of $180.7 million on revenues of $609.6 million..." In an hour or so the Market will tell us if it is good not. Short interest in FLC is about 4 millions shares. If they think it is time to cover (maybe move to tech) it should lift the whole sector. BTW, i don't own FLC, but it looks like a great company and now that the merger is completed (uncertianty is removed) more people might be interested in it. Does anyone have pre- open quotes for MDCO FGII or other Naz oil sector stocks?

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