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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Meridian who wrote (46893)	6/24/1999 8:25:00 PM
From: tdl4138	Respond to of 95453

<FGI> That hits the nail on the head..."Years from now"... I'll put FGI in the same category as FLC....not for the same reasons...just that they have problems to overcome. FGI has to show the street that the merger is a good deal by showing results..and a dwindling backlog isn't helping...FLC still needs to prove that the debt won't kill them.. Either way, I think the perception that they are possibly "damaged goods" will make both of these companys the new "laggards". The street is watching this sector along with the price of crude. The perception of which stocks are the strongest and in the best position to capitalize on the expected increase in business to come from rising crude will dictate where the money goes. "Perception" is the operative word. Just my thoughts Dave