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

To: The Ox who wrote (48961)	8/6/1999 11:32:00 AM
From: paul feldman	Respond to of 95453

When the spending starts, it will go to FGI----the yard of choice!

To: The Ox who wrote (48961)	8/6/1999 11:53:00 AM
From: Aggie	Respond to of 95453

Michael, hello. I think these two issues describe the negative issues affecting FGI, however I also feel that, with respect to FGI, the market has resonated on the downturn in the oil economy and is being unreasonably harsh in its assessment. I believe the stock, with its strong backorder list and solid management (at least for the next 2 years) is a very attractive buy indeed. There are those who believe the HLX deal to be signed, sealed, and delivered, they are cashing in on that presumption and buying HLX at a price that will assure them of a modest FGI discount when (and if ) conversion takes place. Regards and Good Luck to All, Aggie

To: The Ox who wrote (48961)	8/6/1999 2:30:00 PM
From: A. Geiche	Respond to of 95453

Michael, you are right.. But I am selling everything, everything, even neighbor's cat, and accumulating HLX now. ag

To: The Ox who wrote (48961)	8/6/1999 4:25:00 PM
From: dfloydr	Respond to of 95453

Michael: Seems to me that the threads ... here .. Yahoo .. etc ... starting yesterday ... have started commenting on the soon to end quiet period imposed on FGI/HLX. If there is any merit to this deal FGI/HLX will soon be able to start tooting their horn and explaining what it is that they are about. Since management of FGI owns such a big slug of the company I can not see them shooting themselves in the foot with a stupid merger. They have had time now to look into this deal first hand and are still in there working to close it. There has to be more sense to this than is immediately apparent to us mere mortals on the outside and the catbirds on Wall Street. I added to my position a couple of days ago on this premise and was pleased to see others thinking along the same lines.