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: SargeK who wrote (53685)	10/29/1999 10:24:00 AM
From: SargeK	Read Replies (2) of 95453

Puzzled by Lack of Volume on FGI and HLX Following yesterdays merger approval, I thought volume would go through the roof on these two issues. With both companies selling at extreme cyclical lows, I thought owners of HLX would dump, take an early tax break and buy FGI and vice versa. The 30 day Wash Sales Rule shouldn't apply since the merger will not by officially consummated until next week. HLX currently @ 5 3/8 on 9.7k shares traded and FGI @ 9 3/4 on 18.4k shares traded with the discount @ 3.4%........ partners.freerealtime.com What have I missed??????/

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