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Gold/Mining/Energy : Friede Goldman Halter (FGH) -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (23)	1/13/2000 2:11:00 PM
From: Adelantado	Respond to of 177

Divesture of unnecessary assets means to me: I NEED CASH. I suppose that the company is now in a cash bind: it needs money to operate and can't deliver on two critical orders. In other words, the company didn't foresee or cover potential problems in construction and the problems what ever there were raised their ugly heads. Thus, the president--vice-CEO resigned, hopefully with his lawyers and adviseres who failed him. The CEO is back in charge and I suppose will clean house to keep the hungry loan sharks away. At this point, share price is so low that its value in cash is probably less than the upside potential, if the house cleaning and reorganization goes forward. If the CEO waivers at all the sharks will clean this baby to the bones and you can convert your shares to rides on the Staten Island ferry. Joe.

To: re3 who wrote (23)	1/13/2000 2:37:00 PM
From: ramcc54	Respond to of 177

Can't believe I did it but, I bought more shares today at.....5 3/16 can you believe that? Who would have thought that it would come to this. I had been doing some buying around 9, 7, 6, now 5. I at least did not let my butt hang out to far. I went to the trouble to make sure that I had the cash to cover in problems with holding sub 5. I still think that this is a good buy, after all the best buys are when their or only sellers left. Deep down, I would like to be able so say, I bought on Jan 13th at 5 3/16 Good luck to the rest of you longs.