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

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To: Linkdog who wrote (42050)4/11/1999 9:08:00 PM
From: Aggie  Read Replies (1) of 95453
 
Linkdog, hello,

Just curious - and to all you 'posters out there:

Whom do you see as being capable - i.e. having the money - to take over Falcon?

I don't see anybody - the only possible (read obvious) contenders to me would be RIG or DO; RIG doesn't have the cash, and DO, while they have some cash, do not have enough - and I don't believe they have the stomach to take over the payments on the kind of debt castle FLC has constructed around themselves.

Any comments? My own is that FLC is not an attractive takeover target, but that DO is.

Regards to all from V-10 gas guzzlin' heaven.

Aggie
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