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: Jamey who wrote (35708)	1/23/1999 3:34:00 PM
From: thomas hayden	Read Replies (2) of 95453

Actually you're wrong about Pride and FGI. The fundamentals of Pride no where compare to the fundamentals of FGI. For example PDE's earnings are expected to have a negative growth rate next year of -39%, whereas FGI's earnings are expected to grow by 39%. I could go on. If you look at valuations then you have a case. However, I believe owning a company that is able to grow in the worst of times could be a stellar investment when the industry rebounds. One potential hazard to FGI is if they miss their numbers or if their backlog doesn't at least hold steady. It shall be an interesting year.

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