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: SargeK who wrote (58354)	1/12/2000 3:29:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

Sarge...My advice for you would be to pursue a covered call selling strategy for the next few months until this thing sorts itself out. Holloway back in the saddle...Hmmmm...wasn't he gonna step down after the merger? -g- With his talents, he could own the Yankees! or at least the Raiders.... I did note that are now considering "divesting" certain assets in this release: biz.yahoo.com <<said it plans to ``aggressively evaluate all non-strategic assets and operations for divestiture opportunities in order to minimize the impact of problems resulting from four rig construction contracts with two customers.'>> Canadian Yard?

To: SargeK who wrote (58354)	1/13/2000 2:53:00 AM
From: Warpfactor	Read Replies (2) \| Respond to of 95453

FGH: Hull Breach! Seen these many times before - CPQ, MEXP, MDR, among others. You may see a dead cat spike in the next few weeks, you may wish to use it as an opportunity to get out. The stock will meander lower over the next few months: 5, maybe upper 4's. At best it is dead money for six months. I do not understand why people are so enthralled with throwing good money at bad stocks. Of course there is that one in ten chance that you do get a quick reversal (i.e. BHI). Where do you want to be six months from now? Rocketing to new highs with CAM, NE, RIG, HAL, FLC and KEG? Or wallowing in the 5's with FGH. JMHO. Warp