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To: Gottfried who wrote (52751)	10/10/1999 6:58:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

FGI: more SEC filings of planned sales... hmmmm ? biz.yahoo.com Well; fwiw; the tone on the FGI thread is certainly changing... I am "not" piling on FGI here. My only comment is "why bother" ?... too many other stocks oversold here to bother with all the "baggage" hanging on FGI...imho. Add to that; the comments concerning the options being awarded to Holloway & Dane... kind of makes you wonder. messages.yahoo.com <<Insider Selling by: triad33 7942 of 7964 Isn't it ironic that as the stock is hitting new alltime lows, that corporate officers are selling their shares? Last week J.A. Lowe,III (head legal officer and secretary for the firm) filed with the SEC to sell 50,000 shares? Why is he selling all this stock now? Does FGI have any legal footing at all in its arbitration with Ocean Rig. Lowe, as the company's head legal officer, is not expressing much confidence. I think that he is putting on a very bad display for his fellow shareholders. Re: roadshow by: triad33 7957 of 7964 Also, remember that under the terms of this merger, Holloway is getting options on 1 MILLION SHARES, exercisable at the market price of FGI the day the merger is finalized. Why would he want to say anything good right now; every point the stock moves up costs him $1 million? Combined with the other four officers from HLX and FGI, this works out to $3 million per $1 move in the price of FGI. I do not like this options clause and believe it should be stricken from the terms of the merger. If management does get options, these should be at a hefty premium to the current share price. Holloway is behaving like a pig. >> PS - FGI is now one of the few stocks where the ability to sell for the tax loss is present... food for thought.