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 (53967)	11/4/1999 7:02:00 AM
From: SargeK	Read Replies (1) of 95453

FGI/HLX Volume UP Yesterday FGI traded 317.2k shares and HLX traded 420.5k shares. It will be interesting to see todays' activity under the new symbol FGH - "Friede Goldman Halter" The increased liquidity and financial muscle of the new company (39.8m shares) and and other positive benefits of the merger will hopefully result in higher stock prices. The dearth of positive news in recent months and the uncertainties attendant to the merger has contributed to price erosion. Yesterdays significantly increased volume in both issues would indicate last minute swapping and tax selling. I think the bottom is finally behind us and the future appears bright for FGH. Good luck.... SargeK

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