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To: BigBull who wrote (57376)	12/24/1999 12:30:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

FGH + Yantai-Raffles = 1 big barge contract yantai-raffles.com

To: BigBull who wrote (57376)	12/24/1999 9:25:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

OLD News Makes HEADLINES The first clue that posts may be self-serving is the omission of a supporting link. A link would, of course, identify the news as being old. BigBull: "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." Bull, as you know the shorts have been hanging over this issue for well over a year. In the Feb to Apr climb from single digits to 20 (100%+) there were a lot more shorts hanging over FGI than is currently the case. FGH shorts have covered over 1m shares in the past couple of months. While the shorts may remain a factor in the stock price tug of war, I think you may have overlooked a less obvious; but, perhaps more devious group of possible culprits behind the vicious attacks and planting of out-dated mis/disinformation. As you know, delays in expected contracts, resolution of the Ocean Rig Dispute and financing of the semi-sub for lease to Petrobras has placed the stock in a weakened position along with the vacuum of consolidated financial information following the merger. The unfortunate timing of these events and the significant decline in price made FGH stock especially susceptible to tax selling. Because of the significantly increased volume of posts both in message quantity and number of posters, I suggest that many recent tax sellers may have REAL personal motivation to keep a lid on the stock until they can reestablish positions following the 31 day (Wash Sale Rule). If the shorts were behind the attacks, the number of posts should have gone down. The REVERSE is true. The average number of posts has sky rocketed and the number of new posters (discounting multiple aliases) grows daily. This suggests a variety of different sources for the significantly increased number of attacks on the company and its supporters. Among these, may be a few, somewhat bitter former longs who have lost their butts, taken the deduction and are having second thoughts. When FGH hit its all time low of 6 5/16 Friday, the Yahoo message board was relatively quiet. When it started its 15% climb to 7 1/4 with strong support, the message board came alive. The other point is that most short sellers are professionals and although there are always exceptions I really don't think they would waste their time trying to influence stock prices on a Yahoo message board when there are so many strategies available which they may employ to control and manage risks. It is in times like these, that true character often rises to the surface. You may take that as a compliment. Others, anyway they want to. FWIW Merry Christmas SargeK