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Non-Tech : Invest / LTD

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To: Thean who wrote (7191)2/7/1999 2:51:00 PM
From: MARK BARGER   of 14427
 
Hi Thean. I've out of town for over a week. The last time I posted here I gave my thoughts on why the OSX was the low risk, high reward play. My largest holding by far is FGI. They're earnings are out on Tues. FGI is up from 10 to 12 1/8 in the past week. FGI will earn $1.35 in '98 and is estimated to earn $1.83 in '99. All this for $12 a share. I don't know if the OSX has bottomed yet, BUT I do see FGI at least close to 20 by year's end. They are THE "on budget, on schedule" rig fabricator of choice, still with a huge backlog.

The NASDAQ looks sick to me. I'll be amazed if once again on Mon. the buy the dips mentality kicks in again. Should be an interesting week to say the least.

Mark
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