Friede Goldman Halter (FGH) Message Board

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Gold/Mining/Energy : Friede Goldman Halter (FGH)

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To: pt who wrote (5)	11/24/1999 9:16:00 AM
From: Herc	Read Replies (1) of 177

Now let's see. Oil was at 18/barrel in April and FGH was at $19. Oil is now at $26 and FGH is at $10. The oil index and oil services index are both off from their highs. Apparently, oil men have been burned so much in the past, they're afraid to commit themselves. But this looks like a glorious buying opportunity. Also with oil at these levels some inflation will kick in thereby hurting the growth stocks.

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