Friede Goldman: FGI (formerly FGII) Message Board

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Gold/Mining/Energy : Friede Goldman: FGI (formerly FGII)

FGI 7.860

-11.7%

Dec 8 3:59 PM EST

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To: Kenneth Plunk who wrote (4)	12/16/1998 9:04:00 PM
From: Adelantado	Read Replies (1) of 75

Another Great Day for FGI. My guess is that the recent news of Iraq brought more optimism as to a faster price increase for oil, giving FGI's customers more money to spend on refurbishing and constructing more deep water drilling equipment. But then, its just a guess. It could be that the market finally understands the real value of FGI and fears that its price will rise too suddently to get on board. Joe.

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