Friede Goldman: FGI (formerly FGII) Message Board

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

FGI 9.550

+7.2%

11:49 AM EST

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To: mozek who wrote (37)	4/29/1999 1:22:00 AM
From: ahhaha	Read Replies (1) of 75

This company is making good dough in the toughest environment ever. No doubt Pascagoula had a lot to do with it and maybe we can't expect that to provide the next fillip, but crude is scarce at $16, so maybe oil will hold at something better than this for investment horizons to kick in. There is little short covering going on, just "why not" long position taking. Another good sign is that not one of my crowd expressed the slightest interest in my buy post. This is a buy and hold market so don't throw away a good base by selling at $19. If the company makes $1.50 you'd be selling the premier play at 13x.

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