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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (45576)5/27/1999 2:06:00 PM
From: BigBull  Read Replies (2) of 95453
 
Converted? Heck, I may become a dues payin' zealot if you keep making calls like this!

My guess is they dump FGI on the news, if the deal goes. But then everyone will reasses that with TDI and the rest of Halters business FGI becomes not just the Yard of Choice, but they become The Only Yard of Choice. FGI will also get a good shot at all the required double hull refit biz coming up. They will also get Halters Navy connections. When Asia, Latam, and Europe fully recover, FGI will also be able to compete in providing new ships that will be required to transport all the freight. Hell, the port of Charleston can barely handle the shipping they've got now, that's why this town has big plans to expand the port.

Market Cornered. Well, US anyway.

What do you think FGI's chances of getting all that Halter debt renegotiated at far better terms? If they are going to do the deal, this would probably be the best time to do it. JMVVHO

My question to you is, How will FGI consolidate all of Halters screwy yard locations?

Bull
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