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

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To: Big Dog who wrote (35601)1/21/1999 9:18:00 PM
From: A. Geiche  Read Replies (2) of 95453
 
What really is intriguing me in oil patch, it is FLC. How come George Soros invested so heavily in it, put so huge money and all just in only one basket? Obviously he and his people considered a lot, and obviously they came to a very hard conclusion that FLC has much brighter future and much bigger potentials than ANY other oil patch company. And in spite of all expectations, Soros' announcement did not impress the market. Stock performs very poorly.. Any comments?
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