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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Peter V who wrote (43043)4/22/1999 9:51:00 PM
From: stan s.  Read Replies (1) of 95453
 
Hey Peter, nice to know you could never make that kind of error in the early morning hours. Geez, I mean transposing 1998, 1999.

Well anyway, here's to your mistake free...oops just saw your note about the 8% calculation error. Well. that's different. <VBG>

Regards,

Stan

HOUSTON, April 22 /PRNewswire/ -- Transocean Offshore Inc. (NYSE, OSE: RIG) announced today that net income for
the three months ended March 31, 1999 reached a record level of $85.2 million or $0.85 per diluted share on revenues of
$306.4 million. The results compare to net income of $77.6 million or $0.77 per diluted share on revenues of $258.3 million
during the corresponding three months of 1998. First quarter 1998 results included a non-recurring after-tax gain of $13.9
million or $0.14 per diluted share arising from the settlement of a dispute with Global Marine Inc. Excluding the impact of the
settlement, net income for the first three months of 1998 was $63.7 million or $0.63 per diluted share
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