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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (14452)3/11/1998 12:23:00 PM
From: David Musolff  Read Replies (1) of 95453
 
His Doggedness:
Sure enjoy your posts esp on FGII my favorite stock. After being with Roger Perry and Co. at the split report you got my interest in FGII going. I think it is a great company and will eventually go to the 90's. I sold 30 mar puts for March and will either keep the premium or get the stock. I know you sold the puts for 2 and bought the 35 calls for 1. I sold the calls as my basis in the stock is 33 this time. We will make out either way on this one. Good for our Hip National Bank
(back pocket).
I thinkthis company has close to 800 million back log and will probably improve -you know much more than I do. You said once that you knew the CEO and he was a money making machine. That stuck with me. I guess my only fear is that they will announce a big buyout with stock and that will knock it down but only for awhile. What do you think about this.?
Thanks Dave
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