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

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To: BigBull who wrote (41873)4/8/1999 6:54:00 PM
From: Douglas V. Fant  Read Replies (2) of 95453
 
BigBull, "The first last and the last first"? Sounds like a promo for women's roller hockey one of my favorite spectator sports! Hey I had a conversation with our big kahuna business manager today specifically on FLC. I am not an expert on FLC. He thinks that FLC's future is solely linked to oil prices. If oil prices rise and firm, then more deepwater drilling comes back. Then FLC would dominate the industry. If oil prices lag, then FLC goes nowhere.

In other words, don't focus upon FLC's abilities to create any internal efficiencies-their fate rises or falls upon the price of oil....
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