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

To: SliderOnTheBlack who wrote (51265)	9/16/1999 11:51:00 AM
From: Big Dog	Respond to of 95453

Slidester, I understand what you are saying. But such a big boom in construction is not needed. All FGI needs is a couple of projects in the 150-200 mm range and they are set for a "spell" until the next construction boom, which will come. It is times like these (lean) that yards need guys like me even more than ever. I am out there "crafting" deals where none exists...enabling and creating, you might say. Finding ways to make projects work. And the projects are out there - they just need a little helping hand from a SeeingEyeDog. I'm not saying FGI won't go lower, or stay dead, but I think the chances are very good that: 1. They get a nice settlement from Ocean Rig. 2. Brazil contract is finalized. 3. Merger benefits story are told (spin). 4. An order or two comes drifting in the door. 5. Oil prices, oil prices, oil prices...eventually will rise the deadest of dogs. I think it goes to 18-20 by Y2K. I'll bet you a Bone. big atoffshore.com