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: Big Dog who wrote (20719)	4/28/1998 10:01:00 PM
From: Thean	Read Replies (3) of 95453

About FGII tomorrow. FGII has had quite a fantastic run and separated itself from the pack. Everyone and their mother expected FGII to beat estimate pants down. With the yo-yo nature of FGII as of late, be watchful of the sudden avalanche of profit-taking upon good news release. DON'T buy at the open tomorrow. If you need to buy, buy after it opens. It would not surprise me a bit to see FGII come down 2-3 points after a opening gap up. There are three months to go before the next earning. So somewhere between now and then there will be plenty of swings. Big Dog - tomorrow can be a good day to write calls, especially if the premium can add up to above its 52 week high.

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