Friede Goldman: FGI (formerly FGII) Message Board

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

FGI 9.000

+1.1%

3:10 PM EST

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To: SargeK who wrote (26)	2/12/1999 1:21:00 PM
From: Rosemary	Read Replies (1) of 75

Sarge, I watched the trading yesterday morn at the open. The selling began almost at the very beginning. Before upgrades, downgrades, posted numbers, etc. It just started, and I still can't understand it. The lowest anyone could have bought this stock was at 9.75 unless they got it cheaper during intraday trading, so where's the great profit? I think they're leaving those real profits behind. Up to them. Someone is buying those shares from them. I saw a report also this morning on the new estimated earnings. I don't know where IBES got their numbers from. I saw $1.83 either Zack's or Thomson's.

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