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: SliderOnTheBlack who wrote (50628)	9/8/1999 4:32:00 PM
From: Roebear	Read Replies (1) of 95453

Slider, Thanks for a well thought out post(s) on FGI/HLX. I appreciate and am enlightened by your comments. I do disagree as to your upside price figures for FGI/HLX in the future. As I have stated before, that is the consensus view "I was not the one who said that the Offshore Rig Construction Boom was a one time blip on the chart - it's been out there a while.." I am not prepared to argue it now, but I feel the consensus view will be proved wrong in the end, just as $5 oil was proved wrong. It may be that FGI will recover through diversity as much as a future increase in RIG building, but they will recover substantially one way or the other. Too good a company to stay down in the doldrums forever. FWIW Meanwhile, GO RRC VBG Roebear

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