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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (29322)	4/26/2000 12:39:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 42523

streetadvisor.com

To: pater tenebrarum who wrote (29322)	4/26/2000 1:07:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 42523

FLC has an enormous debt load and is mostly shallow water jackups and barge rigs although after its merger w/ R&B it did pick up some deepwater rigs. oil should collapse to the mid teens when US stocks crash and the world economy goes into recession. i think oil has already discounted the coming dollar implosion. FLC is a good ch 7 candidate imo. i just shorted it causei htink there's little risk of an explosion up that hurts me. lots more downside possible on techs and financials of course......