Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Harold S. who wrote (57375)	12/24/1999 12:16:00 PM
From: BigBull	Read Replies (3) \| Respond to of 95453

Re Halter News, gee I remember reading about the Alaska ferry problems long before the merger even was announced. Why is this a big story right now? Hmmmmmmmmmmmmm? The real big story that most seem to miss in all the savage hand to hand combat between the FGH long and shorts, is that the first contract out of the box for the merged company was an FSPO conversion for OII. Why did OII pick FGH over a Korean or Scandinavian yard? I'll bet FGH's reputation for on time, on budget, delivery had at least something to do with it. The FSPO conversion market is a true growth segment in the oil biz. FGH will be a formidable competitor there as most of these vessels will be in Atlantic basin waters. As the oil industry goes ever deeper drill ship new builds will be de riguer. IMO the Alaska ferry "news" 1. Is old news. 2. Has not prevented North Carolina from purchasing ferries from Halter. 3. Is just another shameless and naked attempt buy shorts to bash a fine company. Why do the shorts focus on this when FGH just got in on the China oil business? How come the Korean yards didn't just eat FGH's lunch here? Maybe Holloway isn't the poltroon he's portrayed on the internet discussion boards? How about the recent MARAD financing news? Couldn't be the money, could it? Look, the shorts have pushed this stock down to absurd levels with an endless and imo vicious hatchet job, smear campaign, replete with ubiquitous and intense ad hominem attacks on any who have even the faintest praise for this company. The disinformation spread about FGH accounting practises has been scandalous - In MY Opinion. I've just got one thing to say to the shorts - "Pigs make money, HOGS get slaughtered" <g> Now where have I heard that before? This post is strictly MY OPINION, and makes no attempt to slander, defame, or ridicule any one.