Strictly: Drilling and oil-field services Message Board

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

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To: paul feldman who wrote (50193)	9/1/1999 10:36:00 AM
From: articwarrior	Read Replies (2) of 95453

FGI vs HLX at this time.. Wouldn't it be more prudent to pick up HLX at a discount to FGI price right now versus buying FGI directly. I agree that FGI is poised for a come back but why buy it direct. I believe the exchange rate is .4614 X FGI price and subtract price of HLX to get Arbitrage value. Just a thought. Am I missing something? Artic

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