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Gold/Mining/Energy : Friede Goldman International,Inc. (FGII)

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To: Lee who wrote (407)4/22/1998 5:58:00 AM
From: Ronald J. Clark  Read Replies (2) of 676
 
This from the AOL Board re FGII Downgrade!

ubject: FGII downgrade
Date: Wed, Apr 22, 1998 05:14 EDT
From: Im4638
Message-id: <1998042209144901.FAA08076@ladder03.news.aol.com>

This one should be good for some choice remarks here. I got this from Zacks and searched the news for 4/21 and did not see this announcement from MK. It could reach the press on 4/22. So, I am watching for signs of weakness. Don't want to give up too many points on FGII right now, but this also could signal a buy opportunity on dip.
I suppose MK did this based on recent price increase reaching their target.

FGII: MORGAN KEEGAN changed recommendation from Strong Buy to Hold on 04/21/98

MORGAN KEEGAN has reiterated estimate for fiscal year ending 12/98 of $1.37, and has reiterated estimate for fiscal year ending 12/99 of $2.00 on 04/21/98
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