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: Big Dog who wrote (43398)	4/28/1999 10:26:00 AM
From: RealMuLan	Read Replies (1) of 95453

Big Dog: thanks a lot for ODB newsletter. I really enjoy it. I have a question about GLBL and FGI. GLBL has only 3 pennies of earning this March quarter (it was 6 cents 30 days ago). Next Q the estimate is 5 cents, not much better. And the estimate for 1999 fiscal year is 28 cents. The stock price is now bet. $11 and $12. In contrast, FGI March earning is .43, and next Q estimate is .40. The estimate for 1999 fiscal year is a whooping $1.64. And the stock price is only between $15 and $17. The two companies basically do the same stuff (maybe I am wrong)?. And back log for FGI is much higher than that for GLBL. I know one major reason is mo mo guys/day traders like GLBL, but is there any other reason for the differential treatment between the two stocks? Thank you much in advance. Best.

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