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To: IndioBlues who wrote (53552)10/26/1999 10:16:00 AM
From: Big Dog  Respond to of 95453
 
In FGI's press release they said that negotiations were continuing. And they are.

big
atoffshore.com



To: IndioBlues who wrote (53552)10/26/1999 10:28:00 AM
From: Sunny Jim  Read Replies (2) | Respond to of 95453
 
I can sympathize with you on the lack of responsiveness from FGI. You know how some companies you own seem forthright with information and when you call them, the IR person, or in many cases, officers all the way up to the CEO will talk with you and answer your questions? In FGI's case the information is extremely sparse, and when there is any, the details are completely lacking. For the longest time, it was excused by the "quiet period". Now, the quiet period is over and the lack of details is highly suspect since the merger vote is this week and the strike price for the giveaway options to a few senior managers gets set at the time of the closing. Don't want to give any information that might boost the price of the stock, or on the other hand squelch the deal. One figure that Holloway has been real forthright with is the 1.0 million shares worth of options he has laid on himself for putting together this deal that has killed the stock price. Do I sound pissed or what?