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

To: Post_Patrol who wrote (58348)	1/12/2000 2:34:00 PM
From: MARK BARGER	Read Replies (2) \| Respond to of 95453

Wow, I've had 1000 shares of FGH for a couple of years now, bought at $13 a share. I would have never have guessed that things wouls have gotten as bad as they have for the "go to" yard. I have had the unfortunate opportunity to see another otherwise profitable company bite off more than it can chew with an acquisition during "good times" and then nearly lose the farm when things slowed down. What do you think Big Dog? As much as I dispise Slid on Blac's arrogant, abrasive attitude, he may be right on his prospects for FGH. Typically there is money to be made when there is blood flowing in the streets, but the sleaze going down at FGH makes me wonder how viable they are long term. Good luck to all longs, but I think I'll take my money and look elsewhere. Like Big Dog has said, "Tell it all, tell it quickly, let the chips fall where they may." I bet there is more bad news to come out of Pascagoula. Only speculation on my part but this stock has no bounce in it at all today. Hope to be proven wrong Mark

To: Post_Patrol who wrote (58348)	1/12/2000 2:46:00 PM
From: enervestor	Read Replies (2) \| Respond to of 95453

F. Gheit was on CNBC in the usual Cheryl Strauss Einhorn spot. Seemed quite irritated when Griffith mentioned price of crude back over $26. Poo-pooed the chances of it staying up and said he expected it back around $20 soon. Griffith(for all he knows) said something like "Yeah, there's still a lot of supply out there." (Guess they forgot to check the inventory numbers.) Then on a more positive note, they talked about how OPEC had learned a lesson and was no longer cheating as they had in the past, and Gheit seemed to think they would continue that policy and do a better job of keeping production down.