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: Peter V who wrote (43043)	4/22/1999 9:54:00 PM
From: Cragganmore	Read Replies (1) of 95453

Peter, I was referring to the following article in TheStreet.Com when I mentioned the correction: thestreet.com I've included the relevant portion is here: The story also reported incorrectly that Transocean posted a non-recurring after-tax gain of $13.9 million, or 14 cents per share, as a result of the settlement of a dispute with Global Marine (GLM:NYSE), in the first quarter of 1999. In fact, Transocean reported the after-tax gain in the first quarter of 1998. Excluding the results of the settlement, Transocean earned $63.7 million, or 63 cents per share, in the first quarter of 1998. (corrected April 22)

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