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: Thean who wrote (20733)	4/28/1998 10:37:00 PM
From: Big Dog	Read Replies (1) of 95453

I'm with ya TYY. I stand ready to write some juicy calls. Maybe some 45 or 50's. I will do some research on prices tonight. Steve, any observations on this? FGII is now past the point where the stock split. If ya'll recall, it split at 78, post split 39. Not too many people should have losing positions in FGII now. I don't know what that means for the future of the stock, but it is an interesting observation. The 52-week high is 48, so maye a few folks bought between 42 and 48, but they have likely sold out long before now. Technically, what is your opinion of the stock action when and if it breaks the 52-week high? I can tell you that FGII has a lot more "stuff" in the wings. They aren't resting on their haunches. I read on the FGII thread -- where Teddy is posting -- that FGII was trading at 48 on instanet. Anyone have a way to check that? Steve, looks like my Aug. 30 puts on FGII are getting fairly safe...too bad I have to wait to August to snag the $$$. My office partners are at dinner tonight with the head of MDCO. Maybe they will learn something of interest. big pup

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