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Gold/Mining/Energy : FLUOR Flour (FLR) -- Ignore unavailable to you. Want to Upgrade?

To: Ron Dior who wrote (9)	11/26/1997 9:00:00 AM
From: Steve Becker	Respond to of 29

Ron, Other than what Fluor or analysts said I don't know what 1998 will bring for Fluor. I had been following FWC and have kept one eye on FLR. When FLR got trounced worse than FWC I couldn't resist an apparent bargin. I got in by way of selling put options (Jan 40). I don't have a short term or long term prognosis at this point. But I am counting on it going close to $40 by January if the China problems get worked out. I am aware that both FLR and FWC do have a lot of construction in China that could get cancelled or delayed so another stock slaughter on the Pacific rim could adversely affect FLR. Steve