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: SargeK who wrote (34451)	1/7/1999 3:38:00 PM
From: Bazmataz	Read Replies (1) of 95453

FMR group holds 10.7 pct stake in Marine WASHINGTON, Jan 7 (Reuters) - A group led by FMR Corp. said in a Securities and Exchange Commission filing Thursday it holds a 10.678 percent stake in Marine Drilling Cos Inc. or or 5,588,300 common shares. The group disclosed its latest position on Marine in a 13G filing. FMR Corp is the parent to Fidelity Management & Research Co, investment adviser to Fidelity Funds. Filings under 13G are usually made by institutions and large investors with ''passive'' investment objectives in a company. Unlike 13D filings, those reports do not list the latest transactions.

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