Friede Goldman: FGI (formerly FGII) Message Board

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Gold/Mining/Energy : Friede Goldman: FGI (formerly FGII)

FGI 8.905

+23.4%

Dec 5 3:59 PM EST

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To: steinman who wrote (61)	7/16/1999 12:23:00 PM
From: dfloydr	of 75

CAM anyone? This stock seems to trade very erratically. It has been ranging between 34 and 41 for seemingly no reason whatsoever and it changes direction at a whim. At times it is completely out of synch with oil prices, the OSX index and the heat index here in Phoenix. What is moving this stock? There are no comments on the various threads. Yet it has a market cap of around $2B and trades 400,000+ shares a day. Yes, they are not the first in line on the food chain as oil prices rise. But they will get their turn at the feeder soon enough. Earnings are due next week. It is a bit late to be bailing out if you think they are going to be bad. TIA for any insight.

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