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To: marc chatman who wrote (37345)2/11/1999 2:10:00 PM
From: bw  Respond to of 95453
 
Just to clarify: They downgraded FLC the first time from strong buy to buy on Feb.2. Today it was downgraded again, this time from buy to neutral.
I agree that this downgrade is just another analyst covering his past screw-up & that at this point will have little effect on the stock price. Or to paraphrase that 'ol 60's song,
"Been down so long, it's starting to look like up to me"
Still holding FLC long...
Here is a post from the Yahoo FLC board that should soothe the nerves of some investors:
messages.yahoo.com@m2.yahoo.com




To: marc chatman who wrote (37345)2/11/1999 2:11:00 PM
From: Harold S.  Read Replies (3) | Respond to of 95453
 
Can someone tell me if FLC is a good buy here or is there too much risk??? Will she go below 5??



To: marc chatman who wrote (37345)2/11/1999 2:14:00 PM
From: drsvelte  Read Replies (3) | Respond to of 95453
 
Well, I can see it!

R&B Falcon Corp FLC Dain Rauscher Buy Neutral