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Gold/Mining/Energy : FLC Falcon Drilling

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To: diana g who wrote (60)3/16/1998 11:03:00 AM
From: Czechsinthemail  Read Replies (1) of 461
 
diana et al,
FLC was recommended by two analysts interviewed for this week's Briefing.com Street Beat. Their general themes were deep drilling, international drilling and gas exposure were the places to be. The main concern was for land drillers and shallow drillers which may face weaker earnings in 2H98 if oil prices remain weak, but generally the view was that oil prices should strengthen and that we're fairly early in a long term cycle.
Baird
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