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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: chuck weir who wrote (8251)1/15/1998 12:58:00 PM
From: Teddy  Respond to of 95453
 
Must have been a good CC, this is the wire story:

GLOBAL MARINE UP 11/16 TO 21-7/8

Shares of the offshore drilling contractor rose in heavy trading after it posted fourth quarter earnings of $0.49 a share before
charges, compared to $0.24 last year, also before charges. The Houston company said its backlog is such that it has ''great
confidence'' it will have ''strong growth in revenues and earnings in 1998'' despite concerns about oil and gas prices.