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


To: J. Fred Donham who wrote (25801)7/15/1998 3:25:00 PM
From: pz  Read Replies (1) | Respond to of 95453
 
(BSNS WIRE) Veritas DGC INC. -- Announcement
Veritas DGC INC. -- Announcement


DATE:

SYMBOL\EXCHANGE:

HOUSTON--(BUSINESS WIRE)--JULY 15, 1998--Veritas DGC Inc.
(NYSE:VTS)(TSE:VTS) announced today that it is entirely comfortable
with analysts' consensus estimates for the fourth quarter and the
fiscal year 1998. The Company is unable to account for the
extraordinary volume and dramatic price drop in its stock that led to
the NYSE trading halt earlier today due to an order imbalance. The
Company will have no further comment on this unusual market activity.
Veritas DGC Inc., is a leading provider of land, transition zone
and marine-based seismic data acquisition, seismic data processing,
and multi-client data sales to the petroleum industry. Veritas DGC
operates seven divisions in selected markets worldwide and, based on
revenue, is the fifth-largest geophysical services provider.

*********************

I don't own this stock, but I'd bet a bounce is forth coming.

Paul