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Gold/Mining/Energy : FLC Falcon Drilling -- Ignore unavailable to you. Want to Upgrade?

To: Lee Fredrickson who wrote (45)	2/28/1998 11:23:00 PM
From: Czechsinthemail	Respond to of 461

Lee, I tried Don's Schwab link. I didn't get anything directly, but then I went to the Analyst Center. They had a re-post of a Briefing.com interview on oilfield services. Hope this helps, Baird

To: Lee Fredrickson who wrote (45)	3/2/1998 3:22:00 AM
From: Czechsinthemail	Read Replies (1) \| Respond to of 461

Here's a Feb 6 DLJ view on FLC via Yahoo: messages.yahoo.com@m2.yahoo.com Baird

To: Lee Fredrickson who wrote (45)	3/2/1998 6:29:00 PM
From: Donald L. Dominicci	Respond to of 461

Lee FLC's performance lately has not kept up with the sector. I am also considering selling « of my position and buying more DO, which I believe has the largest deep water exposure; However, I plan to wait for the earnings release. I feel we may be witnessing the old " buy the rumor sell the fact" theory IN REVERSE. FLC has delayed the release way beyond what the street feels is acceptable. Most companies in this sector report 15-20 days after the end of the period. I think I could have came up with the results using an abacus and slide rule before now. I can't help but believe if it comes in below the consensus (excluding the one time charges) they would have pre-announced weeks ago. If it does the stock will and management should be taken to the wood shed and shot. The analyst still have it ranked 7 of 31 in oil drilling. 12 strong buys 2 moderate buys and only one hold. Sometimes you have to buy when things look their worst and sell when they look the best. Things do not look good right now. Good Luck Don