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To: BigBull who wrote (51492)9/20/1999 8:24:00 PM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
re: FGI Insider Selling (planned, or otherwise), transfer, disposals - or EVERYTHING other than a damn BUY !

PS - who said we get to put a 4 month time limit on this issue (VBG) ?

...sheesh; even a good 'ole boy from Jackson knows the difference between all those fancy pants accounting trickenology maneuvers -from a good 'ole fashioned, plain & simple Country Boy - OPEN MARKET BUY !

biz.yahoo.com

I personally did not see anything that built my confidence.

Looked like about $12.5 Million in "planned sales" from Mr. Crawford very, very recently ?... curious; but if I had the opportunity to manage Mr. Crawford's finances; I'd sure like to know what investment vehicle he see's more attractive than holding FGI from $10 here ? - maybe those 6% bonds ? Maybe that 2% money market account ? Maybe buying DOW 11,000 + ? .....hmmmmm; The FGI IPO was what ? Alltime high was $40-what ? 52 week high is what ? - but, a "planned" sale of 800,000 shares directly into the Oilpatch recovery ? ...just curious; as to what he saw that looked better than holding FGI there...?

As far as the CEO; sales, disposals, transfers - whatever you want to term them:

biz.yahoo.com

Looks like 2,570,500 shares were "disposed" according to that link.

2.5 Million Shares DISPOSED. Now I am not a CPA, but you know what - I "dispose" of trash, garbage, old newspapers etc. - and I sure as hell know that when I "buy" something.... I aint doing no "disposing" ... and I therefor know; that if I am "disposing" - I sure as hell aint "buying"... 'nuff said ?

ooooops ! Sorry JL - I guess you did step up to the pump on Dec. 4th 1998 now didn't you (VBG). - now "that" is my kind of CEO !

That "transaction" on Dec. 4th 1998 I recognize... all 100 shares worth ..... ROFLMAO.

PS: ...this "someone" can put this all to a rest in 2 simple ways... have the company "BUY" back some stock - and he himself - can "BUY" back some stock. .... and we be talkin' 'bout more than 100 shares too...

Sadly; I bet that 99% of the FGI longs on this thread - have ALL bought more FGI - than ALL of the FGI Corporate insiders together have; as shown on that link.

That; is hardly a strong vote of confidence....

As they say; sometimes "silence" is deafening... as in the absence" of something (BUYS) speaks louder than words.

Now; if we choose to investigate the "SHORT" position - that just won't seem to go away.... THAT - may get real interesting...

Yup, tell it all, tell it early ... uhhh huhhh - that's the ticket...

...Sorry guys; but there is no Styxish "grande illusion" concerning FGI here - not imho. Looks like at least 3.3 Million planned sales & disposals between just 2 people to me... rationalize them, excuse them, explain them, dismiss them - bottomline: if it aint BUYING - it's S_ _ _ _ _ _ . now isn't it ?

Fill in the blanks...

PS - what has theStreet.Com said about FGI of late ? - I did not renew my subsc.... to much tech & net info - too little 'patch... - someone can private mail me the TSC info if they'd like...



To: BigBull who wrote (51492)9/20/1999 10:23:00 PM
From: Roebear  Respond to of 95453
 
BigBull,
I hope FGI/HLX was paying attention to this interview:

SOURCE: The Wall Street Transcript

Stolt Comex Seaway CEO Bernard Vossier talks to The Wall Street
Transcript

NEW YORK, Sept. 16 /PRNewswire/ -- The Wall Street Transcript has published an in-depth interview with Bernard Vossier, CEO of Stolt Comex Seaway SA
(Nasdaq: SCSWF - news), in which he talks at length about his company's future. The interview is available free online at twst.com .

He states, ''Stolt Comex Seaway was formed in 1992 with a merger of a Norwegian company called Stolt Nielsen Seaway and a French company called Comex
Services. Comex specialized mainly in diving; Seaway was more an ROV and ship operating company. In the last four years our revenue has nearly doubled to $650
million with a record profit of $57 million.''

He explains, ''When we established Stolt Comex Seaway, we were still at the stage where most of the development was done from fixed platforms. Since then, the
technology has moved to more subsea wellheads and FPSO with most new fields being developed with subsea technology. That's where the market is going,
particularly for deep water development. In the last five years we've seen changes from surface to subsea development.''

Looking forward, he states, ''I think our market will now stay sub sea, with most of the recent large discoveries being made in very deep water -- I don't think it will
come back to surface operation -- and will go deeper and deeper.''

This interview is part of the Morgan Keegan Oilfield Technology & Energy Conference Issue available online at twst.com . This interview
is also part of the TWST Natural Resources sector which is available online at twst.com or by calling 212-952-7433.

The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 35 years. TWST is online at twst.com
with free excerpts of analyst and money manager interviews featuring their recommendations at twst.com

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call
800-246-7673.

SOURCE: The Wall Street Transcript
******

FPSO's!

Best Regards,

Roebear