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


To: Think4Yourself who wrote (38372)2/26/1999 10:40:00 AM
From: Platter  Respond to of 95453
 
Oil at 12.65(low 12.53, high 12.73), OSX down .13 EOM



To: Think4Yourself who wrote (38372)2/26/1999 10:57:00 AM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Those FLC earnings revisions were to .40 from .55, and to .80 from .85 for 1999 and 2000 respectively.

Last sentence in Dain Rauscher report:

We would look to other companies in the sector with stronger balance sheets.

big
loosbrock.com



To: Think4Yourself who wrote (38372)2/26/1999 1:51:00 PM
From: VLAD  Read Replies (1) | Respond to of 95453
 
These are the same morons who downgraded FLC when it was at 6. IMO not very astute analyst work. The analysts are supposed to guide the investment community by giving buy/sell recommendations based on where the stock price may be looking forward at least 6 to 12 months.

Downgrading a stock near its 52 week low is of no value to those who bought it a penny higher. I bet that 3 to 6 months from now when FLC is at 15+ and oil is above 14 the same Daine idiot will upgrade FLC to a buy. Can you believe that they pay these guys 6 figures to do this type of so called analysis?