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

To: SargeK who wrote (57903)	1/5/2000 12:56:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Thanks SargeK; I was "hungering" for another FGH Spam Sandwich anyway (VBG). It was lunchtime - what the hell - ROFLMAO... Folks, there are now 3,438 ways to prepare FGH Spam ! Thanks once again for the ever present SargeK - not a bit of fast breaking FGH news will make it past our "man in the paint" - the enimitable Sgt... there was "new-news" there wasn't there Sgt ? Kindalikedejavualloveragain... :0 PS - SargeK, what the hell you gonna do if FGH bounces - there will be no reason to wake up in the morning any longer - they'll have to put you on suicide watch - nothing more to obsess over (VBG) ?

To: SargeK who wrote (57903)	1/5/2000 4:58:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

Back to the Post which apparently generated this last round of ineffective sniping! "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 What specifically in the above post do you nabobs find objectionable? Many who monitor this board and yahoo, think it is a genuine bargain at these levels. The relatively few shares traded each day sure as hell doesn't represent the views of those who hold the other 39 million shares and are more likely to share my views than YOURS; but, perhaps with less enthusiasm. I must really p..s you guys off. That's good. I'm starting to enjoy myself already. >GGGGG<