BlackWater01,
I think there exists a possibility yes. In this case the aircraft in a very draggy landing configuration is unlikely to make the Runway. The Ryanair accident is a little different as they had commenced a go-around which probably gave them a little extra height/energy before the second engine failed.
It would be a fairly difficult manouvere to convert a normal approach into a glide in landing configuration from say 200-300ft, and with landing flap the judgement of the flare/landing off a glide approach would not be so easy to do accurately, and could certainly be expected to result in a less than optimal "arrival" on a soft unprepared surface.