Friede Goldman: FGI (formerly FGII) Message Board

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

FGI 9.740

+9.4%

1:17 PM EST

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To: Shane M who wrote (20)	2/11/1999 9:36:00 PM
From: Rosemary	Read Replies (1) of 75

Shane, I watched the trading this morning and couldn't believe my eyes. All these sales could have happened at any time. It wasn't like they were making a fortune to sell now. I didn't understand it. Clearly the stock is undervalued, they were always expecting oil prices to get better as this year went on. I would have thought this would be a very good buying opportunity for the long term aspects of this industry. I'm going to hold cause I know this selling will end and we'll be eventually heading higher. Revenues up 300% in the worst of times and it won't be noticed? I'll be watching the changes in Institutional holders, they'll be buying.

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