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

To: SargeK who wrote (57673)	12/31/1999 11:59:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

SargeK, serious question on what an IR person can tell you ? re: your quote - <<). FGH/IR says backlog is sizable, inquiries are pouring in, and other issues which have clouded the company for months are generally expected to be resolved over the next few weeks including announcements of NEW ORDERs. FGH/IR is expecting to release favorable news the first part of next month (I expect - next week). >> That sounds like an SEC violation of preferential release of a material event/item/news. - which obviously "new orders" would be. Either you, and/or FGH's IR person could be in deep do-do with the SEC, or you are being less than truthfull on what FGH IR told you ? Which is it ? ... you also, prior alluded to the FGH IR rep saying they were delaying the release of other "material" info - because all the "big people" on Wall Street were on vacation this week ? - shameless hype that was made up, or another boo - boo by FGH's IR rep ? This doesn't quit make sense to me. Honestly; the subject of what an IR rep can say was discussed on CNBC, a subject of a hearing and a speech by the President of the SEC recently. You have openly stated that you received material event-news from FGH's IR dept that has not been made public - have you not ? This is quite an interesting subject - preferential release of news - and is not just germane to FGH. I have nothing more to add to the subject on FGH specifically, but your continued mega-posting on just one stock and this incessant hyping of FGH is rather amusing. I'll let you continue your obsessive posting on FGH - I have nothing "new" to add, or to say about the company ( I made my points earlier), but the subject of this "inside info" is an interesting subject of discussion imo. PS - I think everyone on SI is now a FGH expert by the way Sarge, maybe save the next 600 posts for something "NEW" on FGH ? Where are the " SPAM-HYPE - PC Police" when ya need e'm (VBG) ? comments ?

To: SargeK who wrote (57673)	1/5/2000 11:11:00 AM
From: SargeK	Read Replies (2) \| Respond to of 95453

J. L. Holloway, CEO/FGH -- Man with a Plan! Loaded with the best Engineering talent in the Oil Service (Equipment providers) sector, Mr Holloway needed to expand production facilities to prepare for growth over the next decade. Acquisition of Halter Marine Group (a diversified boat builder with over 20 shipyards) and the Canadian 'Marystown' facilities represents a giant step toward fulfilling Mr. Holloway's strategic plans for becoming a Super Store for Energy related marine construction, retrofit, maintenance and repair over the next decade. Currently selling below book, Friede Goldman Halter, Inc. represents one of the best values for long term growth in the Industry (IMHO). Near term, settlement of the OR dispute, the expected announcements of new orders and the release of consolidated financial information for the merged companies will undoubtedly result in significantly higher stock prices over the next few weeks. As the synergies and efficiencies of the merger are realized, Total Operating Margins (Proforma estimate of 12.8% for year 2000) will likely increase over the coming years. Bottom line earnings estimates for FY/00 of $0.52 are very likely to surprise on the upside with resolutions of the OR dispute and possible financing approval for the Millennium Semi-submersible (Brazil). With a PEG of 15% (which also has the potential to surprise on the upside) over the (3 - 5 year) business cycle, the stock represents a unique value almost without parallel in today's over valued markets. Deep water exploration and production in the Gulf of Mexico (GOM) over the next 10 to 15 years will require these companies to avail themselves with state-of-the-art equipment and technological advances. The breadth of FGH resources, engineering talent, manpower and facilities will undoubtedly make Friede Goldmans Halter, Inc. 'THE CONTRACTOR OF CHOICE' for newbuilds, retrofit and repair of equipment for the E&Ps during the next decade if the GOM is to be developed to its full potential of supplying energy for growing domestic(U.S.) demands. Depletion rates of domestic mature energy resources DEMAND accelerated expenditures for increases in GOM development. FGH should be a primary beneficiary of these expected Capex expenditures. Value Investors are reminded to look at Management, company fundamentals and potential for long term growth instead of temporary stock price aberrations which at current levels make FGH such an Outstanding BUY. SargeK