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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: stevedhu who wrote (48083)7/16/1999 1:36:00 PM
From: pt   of 95453
 
HLX & FGI ttm sales per Yahoo: 998.1M & $459.3M

Per the sunhearald brief: "The contract is worth about $18.4 million to the company." Should news of a contract equivalent to 1.26% of ttm sales be enough to move a stock? (The brief appears to have been from 7/10.)

Interesting that despite sales less than half those of HLX, FGI posted profits over 3x those of HLX. Profit margin 8.4% vs 1.3%.

Very long FGI/HLX.

Paul
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