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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (5819)	3/11/1998 7:40:00 PM
From: Jenna	Read Replies (2) of 120523

BWG. doesn't go up for no reason, This gotten after the close: Bouygues <BWG.N> venture gets $69 mln ELF contract NEW YORK, March 11 (Reuters) - International offshore contractor Bouygues Offshore SA said on Wednesday its ROSBOS joint venture with Rosetti received a $69 million contract from French oil company ELF Aquitaine's <ELFP.PA> unit ELF Congo. Bouygues said its share of the contract, which calls for the supply of two platforms and the laying of pipelines and electrical cables for the KOMBI and LIKALALA fields in the Congo, is $42 million. Bouygues will build the jackets on the Pointe Noire yard in Congo, while ROSBOS will build the decks on its Ravenna, Italy, yard. The delivery date is scheduled for the first quarter of 1999. "This contract re-confirms our strong market position in Africa, which accounted for 45 percent of Bouygues Offshore's net sales in 1997," said Chief Executive Herve Le Bouc in a statement. ((New York Newsdesk Tel (212) 859-1610, Fax (212) 859-1717)) -------------------- TAL News Server History: ADD TAKE : 98/03/11 16:42

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