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

To: tdl4138 who wrote (16298)	3/24/1998 12:02:00 PM
From: Teddy	Respond to of 95453

Could be because of the earnings shortfall: Dow Jones Newswires -- March 24, 1998 Dawson Geophysical Sees 2Q Net Below Street View 30c/Shr MIDLAND, Texas (Dow Jones)--Dawson Geophysical Co. (DWSN) expects earnings per share for the second quarter ending March 31 to be "significantly" below First Call Inc.'s 30 cents a share estimates. In a press release Tuesday, the company cited El Nino storms and delays in obtaining rights-of-way permits for the shortfall. The company said there hasn't been any change in its orders for 3-D seismic services, and it expects the operations to continue to expand. Dawson Geophysical, a seismic technology company, reported net income of $1.1 million, or 26 cents a share, on revenues of $11.7 million for the second quarter ended March 31, 1997.