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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Big Dog who wrote (2756)11/6/1997 10:55:00 AM
From: SJS  Read Replies (1) of 95453
 
Mike, one more thing on FGII

from briefing.com this morning:

Traders, keep an eye on the oilfield equipment stocks today.
Yesterday, names such as FGII and UFAB broke out, as well as recent IPO TCMS. Oddly left out of the move was GIFI, which tends to advance in tandem with FGII, which gained 4 1/2 pts yesterday. FGII shares wildly overpriced at this pt, but the momentum crowd simply can't stay away from them.

I wrote you BEFORE I read this, so maybe your selling high volatility calls at the best time.
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