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To: SliderOnTheBlack who wrote (51217)9/15/1999 5:29:00 PM
From: A. Geiche  Read Replies (2) | Respond to of 95453
 
No, Slider.. Your guessing is typical of all your guesses.. Are you a psychic?
I live in San Francisco, Slider. I am not a teacher, I am not a professor, and, for Heaven's sake, I am not a lawyer.. I mortally despise lawyers. This time, I am just a landlord. And I do not smoke and do not wear brown or green. But yes, I am driving 1990 Volvo.

We will see how correct your FGI/HLX guesses are.
But you think all the short negative hyping on Internet is just a silly waste of their time for the sake of exercising their right of free speech?

Besides ACRT, I remember another my experience.. with FIBR. It was not really a "bear raid". At their SI thread - it was in February 98, I believe - one guy went berserk (Crawford). He relentlessly was posting for about 48 hours, day and night. The stock plummeted.
The company sued him.

ag



To: SliderOnTheBlack who wrote (51217)9/15/1999 10:21:00 PM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
Ah Slider you have such a way to explain market movements.

Perhaps we can try this theory and see how it fits into the oil patch world. Let's start with the basis for the decreasing price of FGI side by side with the other oil stocks.
#1 Wall Street doesn't reward mergers like this, the buyer suffers a loss in share price most of the time.

#2 Let's look at todays drop in price of FGI and analyze how FGI's drop compares to other drops today "AFTER" we discount the increased ratio from .4614 to .57.
a. the increase to HLX shareholders equates to a 23.5 percent increase in value over initial expectations.
b. This is a 23 percent decrease in buying power to FGI
so lets adjust FGI's price to the new ratio. Which is about $ 1.25. FGI started this AM at 12 1/8 and droped to a low of 11 3/8 a decrease of $ .75 and closed at
11 7/16 for a decrease of $ .69. Not even close to the adjustment you would expect given the buying power difference.
c. I contend that discounting the merger change FGI actually maintained extremely well compared to HAL (losing 3.4%). The wild thing here is FGI stock was resilient today!

STATEMENT: I DO NOT OWN FGI

So folks look on the bright side there is one here really!

Artic